EMCC European Monitoring Centre on Change

Binz

Company/Organisation:
Binz

Geographic Location

Country: Germany
Region: Vogtlandkreis; Chemnitz; Sachsen
Location of affected unit(s): Plauen

Company

Sector: Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Number Employed: 220

Employment Effects

Announcement Date: 08-04-2021
Type of Restructuring: Business expansion
Employment Effect Start: 08-04-2021
Planned Job Creation: 120

Additional Information

As announced on 8 April 2021, the German vehicle manufacturer Binz has officially taken over the former MAN plant in Plauen including the 120 MAN employees. Binz signed the purchase agreement at the end of March 2021, which includes the property, machines and employees. Binz manufactures specialised vehicles for fire and rescue services and intends to manufacture a series of vehicles for the Federal Agency for Technical Relief, THW (Bundesanstalt Technisches Hilfwerk). 

Binz has now increased its number of employees by 120 to 340 in Germany.