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.
Manufacturing Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30.3 - Manufacture of air and spacecraft and related machinery
500 jobs Number of planned job creations
Announcement Date
3 May 2018
Employment effect (start)
1 January 2018
Foreseen end date
31 December 2018
Description
The Munich-based manufacturer of air craft turbines MTU Aero Engines announced it will create 500 new jobs in 2018. The steadily increasing demand makes additional personnel necessary. In the first quarter of 2018, MTU has already hired 200 new employees, increasing its total workforce to 9,036 by the end of March.
Sources
3 May 2018: Handelsblatt (online)
3 May 2018: Reuters Deutschland
Citation
Eurofound (2018), MTU Aero Engines, Business expansion in Germany, factsheet number 93984, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93984.