Emco in Hallein: 30% decline in order and the first loss years!
Emco in Hallein: 30% decline in order and the first loss years!
Hallein, Österreich - The traditional EMCO GmbH in Hallein, known for its high -quality machine tools, is under enormous pressure. After years of success, the company is now faced with a dramatic break -in of orders: around 30 percent fewer orders, plus rising costs due to inflation and wage increases. This led to a loss of 15 million euros last year and a further loss of five million euros for the current financial year forecast. This worrying location has forced the management to take emergency measures, such as reported.
In order to secure the financial stability and protect the jobs of the approximately 390 employees in Hallein, a “four-day week” is introduced, which is, however, associated with a waiver of salary of up to 12 percent. Another drastic measure is the possibility of a temporary termination with a re -hiring guarantee. This means that employees are released for several months and that unemployment benefit can be obtained from the AMS without losing their previous claims. Managing Director Günter Kuhn emphasizes that there will be no layoffs and that the Christmas bonus will continue to be paid out, even if this has its price.
historical backgrounds and strategic decisions
The Emco roots go back to 1937 when the production of lathes began. After bankruptcy and take over by Mirko Kovats and later the Kuhn Holding, the company was able to assert itself in the industry. The Kuhn Group, which is also active in the area of construction machinery, emphasizes that the takeover of Emco should secure the long-term maintenance of know-how and jobs. Despite today's challenges, the goal of leading the workforce through this critical phase remains, according to the statements from Hallein. The management announces that you can find solutions in order to continue to be able to act successfully on the market in the future, while it wants to further expand the relationship with new markets in Russia and Brazil, as Sn.at
| Details | |
|---|---|
| Ort | Hallein, Österreich |
| Quellen | |
Kommentare (0)