EMCC European Monitoring Centre on Change

Voestalpine Tubular

Company/Organisation:
Voestalpine Tubular

Geographic Location

Country: Austria
Region: Östliche Obersteiermark; Steiermark; Südösterreich
Location of affected unit(s): Kindberg

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.51 - Casting of iron
Number Employed: 900
Group: Voestalpine

Employment Effects

Announcement Date: 13-08-2009
Planned Job Reductions min: 175
Planned Job Reductions max: 175
Type of Restructuring: Internal restructuring
Employment Effect Start: 13-08-2009
Foreseen End Date: 31-10-2009
Direct Dismissals: 175

Additional Information

The steel tube manufacturer Voestalpine Tubular located in Kindberg, Styria, is to lay off 175 out of its current 900 workers by October 2009, after some 80 staff were already made redundant in early 2009. Due to decreasing order intakes as a result of the global economic turndown, the company is prompted to reduce production and change to a two-shift system. Moreover, the current short-time work arrangements are planned to be extended. Management has announced to negotiate a social plan for the employees affected, including an option to enter the existing re-employment scheme for the steel industry (Stahlstiftung).

As reported, Austria has applied for assistance from the European Globalisation Adjustment Fund (EGF).