EMCC European Monitoring Centre on Change

voestalpine Tubulars

voestalpine Tubulars

Geographic Location

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


Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.2 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
Number Employed: 1300

Employment Effects

Announcement Date: 25-07-2019
Planned Job Reductions min: 125
Planned Job Reductions max: 125
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-09-2019

Additional Information

At Voestalpine Tubulars in Kindberg (Styria) 125 out of 1,300 employees are made redundant as production is scaled down form four to three shifts by September 2019. The company, which is a joint venture between the Austrian based voestalpine-group and the US based NOV Granz Prideco, produces seemless steel pipes. According to voestalpine tubulars, the restructuring in production is necessary because the US increased custom duties on steal- and aluminium products from Europe. Additionally, a declining oil price has reduced demands.

The affected 125 employees have been registered with the public unemployment service (AMS) and have been offered to make use of voestalpines' work foundation. An additional 50 employees have been transfered to different jobs wihtin the voestalpine-group.