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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
50 jobs Number of planned job creations
Announcement Date
4 February 2016
Employment effect (start)
4 February 2016
Foreseen end date
30 June 2016
Description
USK, specialised in installation engineering, announced the creation of 50 new jobs during the first half of 2016. As soon as these jobs are filled, the company's workforce will reach a threshold of more than 400 employees. According to the management, the company is hiring mechanical and electrical engineers, installation programmers, industrial mechanics and electronics technicians. Recruitment efforts are due to substantial incoming orders from the last quarter of 2015. To increase its attractiveness as employer, USK will increase wages and offer the possibility of flexible working time.
Headquartered in Limbach-Oberfrohna, USK currently employs 360 staff at two sites in Germany. The company mainly supplies the automotive industry.
Sources
4 February 2016: USK press release
4 February 2016: Freie Presse (online)
Citation
Eurofound (2016), USK Karl Utz Sondermaschinen, Business expansion in Germany, factsheet number 86476, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86476.
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