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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Other Machinery, Equipment And Supplies 46.62 - Wholesale of machine tools
1,560 jobs Number of planned job creations
Announcement Date
10 January 2017
Employment effect (start)
1 January 2017
Foreseen end date
31 December 2017
Description
On 10 January 2017, German trader in fastening and assembly technology Würth announced to create 1,560 new jobs in Germany in 2017.
A total of 1,500 newly created positions will be filled with sales representatives and the remaining 60 positions will be filled with online specialists in the company's e-commerce department. The share of online sales increased from 12.5 % in 2015 to 13% in 2016. Furthermore, the company also has plans to increase the number of stores from 440 to 480 within the next year.
Würth currently employs 6,475 staff in Germany. The Würth Group employs 70,847 staff worldwide.
Sources
10 January 2017: Handelsblatt (print)
10 January 2017: Haller Tagblatt
Citation
Eurofound (2017), Würth, Business expansion in Germany, factsheet number 89767, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89767.
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