EMCC European Monitoring Centre on Change

Agrana Zuckerfabrik Hohenau

Company/Organisation:
Agrana Zuckerfabrik Hohenau

Geographic Location

Country: Austria
Region: Weinviertel; Niederösterreich; Ostösterreich
Location of affected unit(s): Hohenau

Company

Sector: Manufacturing
Manufacture of food products, beverages and tobacco products
10.81 - Manufacture of sugar
Number Employed: 136
Group: Agrana

Employment Effects

Announcement Date: 23-01-2006
Planned Job Reductions min: 136
Planned Job Reductions max: 136
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 23-01-2006
Foreseen End Date: 31-08-2006

Additional Information

Agrana, an Austria-based concern which is active in the fruit, sugar and starch manufacture with a series of plants in Austria and abroad, will be closing two of its 11 sugar factories, one in Hohenau in the province of lower Austria (Land Niederösterreich) and one in Slovakia. At the Hohenau plant, 136 employees are to be made redundant by summer 2006, the company’s supervisory board stated on 23 January 2006. The main reasons for restructuring are falling sugar prices and sizeable payments to the EU restructuring fund. From summer 2006 onwards, the Hohenau site will only be used as storehouse. Part of the employees affected by the redundancies will benefit from part-time work schemes for older employees. Moreover, a social plan shall be drawn up.