According to a broadcast on Monday, ATB in Spielberg has completed its restructuring. Of around 400 jobs, around 45 were ultimately left. The employees are mainly employed in the areas of sales, research and development and administration. The production of motors for home and garden applications was discontinued.
According to the company, the pandemic had put production and the order backlog in difficulties. Around 360 layoffs should therefore follow, it was said at the end of July 2020. They wanted to relocate engine production to other locations abroad. A few days later, a restructuring procedure with self-administration was applied for. The assets of around EUR 26 million are said to have been offset by liabilities of around EUR 28.3 million, which resulted in over-indebtedness of around EUR 2.3 million. Finally, a discussion broke out about breaking up the machine park. A court approved that the machines may go to other locations of the Chinese Wolong Group. Spielberg is to remain a European location for research and development On Monday, Paul Kuchinka, Managing Director of ATB Spielberg, said: “Spielberg has a highly qualified workforce and a good one The connected location is the ideal hub for our development center, which we will continue to expand here over the next few years. “The restructuring phase was” used for the further development of the ATB business in Spielberg “:” Not only will the location be retained as such, it will also become the Europe-wide research and development center of the Wolong Group. Around 25 specialized workers and experts are currently employed in this area, and this should be increased over the next few years. “
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