Westösterreich; Oberösterreich;
Location of affected unit(s)
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

200 - 220 jobs
Number of planned job losses
Job loss
Announcement Date
10 November 2016
Employment effect (start)
10 November 2016
Foreseen end date


The Austrian construction company GLS with headquarters in Perg, Upper Austria, registered 280 employees with the public employment service due to insolvency.

GLS, specialised in the construction of roads, power lines, float protection but also demolition, has declared bankruptcy in early November affecting 220 employees at GLS and more than 60 workers at its subsidiary RW Montage. The company gave escalating costs for a bridge construction project as reason for the step, followed by disagreements on covering the costs with the contractor, ASFINAG.

In a staff meeting between 20 and 30 employees announced they already found a new job. Recent media reports indicate that only 40 people will be kept by GLS. Several local companies indicated interest in hiring staff from GLS and RW Montage. For the moment trade unions feel confident that most of affected employees will find new employment. So far, it is unknown if GLS can keep up operations, RW Montage will be closed.


  • 10 November 2016: OÖ Nachrichten
  • 17 November 2016: OÖ Nachrichten
  • 17 November 2016: Der Standard
  • 17 November 2016: orf online


Eurofound (2016), GLS, Bankruptcy in Austria, factsheet number 89123, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89123.