EMCC European Monitoring Centre on Change



Geographic Location

Country: World


Sector: Construction
43 - Specialised construction activities
Number Employed: 6111

Employment Effects

Announcement Date: 10-05-2007
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2006
Foreseen End Date: 31-12-2007
Planned Job Creation: 700

Additional Information

As it was announced on 10 May 2007, Umdasch, the Austrian construction company specialised in formwork technology and outfitting of shops, which runs about 130 subsidiaries in 60 countries all over the world, is planning to continue its business expansion course in 2007. According to these plans, after the creation of some 600 jobs worldwide in 2006, an indefinite number of additional employees will be engaged in 2007, about 100 of them at the company’s headquarters in Amstetten (Austria). The expansion policy is due to the opening up of new markets, such as the increasing numbers of petrol station shops and shopping areas set up at airports. Umdasch has announced its plans to invest 150 million Euro in 2007, half of it at its subsidiaries abroad.