AUSTRIA: KAPSCH TO CONCENTRATE PRODUCTION

Article Abstract:

In Austria, Kapsch is to concentrate electronics production at its plant in Meidling, Vienna and close the one in Furstenfeld at the end of the second or third quarter 2001. The Styrian plant, which produces radio systems for clients such as the Bundesheer and railway companies, is said to have a low utilisation rate. Some of the 63 staff are to be offered jobs in Vienna.

Plant shutdown, Other Electrical Equipment and Component Manufacturing, Electronic Components and Accessories, Military Electronics

---

AUSTRIA: JOB CUTS AT KAPSCH

Article Abstract:

Due to a slump in orders from the telecommunications sector, Austrian Kapsch AG has announced up to 259 redundancies. The company says, however, that the actual job cuts are likely to remain below 100. Most redundancies will be in the manufacturing sector. Kapsch employs 1,800 staff at its only production site in Meidling, Vienna.

Labor force information

---

AUSTRIA: KAPSCH FACTORY TO TECWINGS

Article Abstract:

In Austria, the Kapsch factory in Furstenfeld that was to be closed, is to be taken over by Korneuburg-based technology group Tecwings. The latter is to invest EUR 1mn in cable production there and increase the number of staff by 15-20 from 60 at present.

Asset sales & divestitures, Telephone Cable, Other Communication and Energy Wire Manufacturing, Nonferrous wiredrawing & insulating, Nonferrous Wire Drawing, Nonferrous wire, Wire drawing

Similar abstracts:

• Abstracts: AUSTRIA: GOVT TO REIMBURSE POST, TELEKOM. AUSTRIA: LOSSES FOR POST
• Abstracts: AUSTRIA: EVN TESTING POWERLINE COMMUNICATION. AUSTRIA: TELECOM FACILITY BY POWER COMPANY
• Abstracts: AUSTRIA: ALPENMILCH SALES UP, PROFITS DOWN. AUSTRIA: GROWTH FOR GMUNDNER MOLKEREI. AUSTRIA: HIGHER PROFITS FOR NOM
• Abstracts: AUSTRIA: VOSLAUER TAKES LEADERSHIP. AUSTRIA: BBAG MINERAL WATER SALES UP. AUSTRIA: VOSLAUER INCREASES MINERAL WATER SALES
• Abstracts: AUSTRIA: MARKET FOR ORGANIC MEAT. Italy/Austria: Keen demand for organic food. AUSTRIA: CATTLE, BEEF IMPORTS TO BE STOPPED

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.