The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.99 - Manufacture of other special-purpose machinery n.e.c.
150 jobs Number of planned job creations
Announcement Date
18 April 2013
Employment effect (start)
22 April 2013
Foreseen end date
31 December 2013
Description
German engineering company IBS is to create 150 jobs in the former Manroland site in Plauen (Saxony) by the end of 2013. When Manroland filed for insolvency in November 2011, 2,200 employees became redundant (see Manroland 2012), 527 of them in Plauen. The new owner plans to re-employ 150 people by the end of 2013 and a total of 300 within five years. 40 people have already been hired; further 35 will be recruited within the following week.
Sources
18 April 2013: Freie Presse (online)
Citation
Eurofound (2013), IBS Plauen, Merger/Acquisition in Germany, factsheet number 75475, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75475.
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