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.
Südösterreich; Steiermark; West- und Südsteiermark
Location of affected unit(s)
Fehring
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
70 jobs Number of planned job creations
Announcement Date
9 February 2018
Employment effect (start)
1 February 2019
Foreseen end date
31 March 2019
Description
Manufacturer of circuit boards, AT&S, with headquarters in Leoben (Austria) is expanding its production site in Fehring (Styria), thereby creating 70 new jobs. The company will invest €10 million in a new 1,200 m2 production building which will be completed and in full operation by the end of March 2019. Here, high frequency circuit boards will be produced for the automotive industry (e.g. for distance measuring for autonomous driving). Additionally, AT&S is planning to develop its products for application in the aviation industry and medical technology.
Worldwide the company employs more than 9,500 people.
Sources
9 February 2018: Kleine Zeitung
10 February 2018: orf online
Citation
Eurofound (2018), AT&S, Business expansion in Austria, factsheet number 93239, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93239.
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