The manufacturer of the Hallein machine EMCO takes the next step in the company’s restructuring: the company closes the work in Magdeburg until the end of August this year. The employees there are released that a social plan must be worked out.
The manufacturer of the Hallein machine EMCO has been hit hard. As the company announced on Thursday, the location of Magdeburg will be closed until the end of August 2025. They want to “move the production capacities there to existing locations”. In the future, EMCO will only produce in Hallein and in Italy. At these two locations they have “unused production areas and capacities”.
This is associated with the dismissal of 50 employees at the German location. EMCO has an organization: “In close cooperation and with the integration of the Council of the Weren, a fair and the legal requirements are being negotiated.”
This step will probably give the location temporarily in Hallein. The economic result in Magdeburg was decisive for the step. In particular, EMCO is said: “There were essential reasons for the decision that the economic results and the expected profitability were not the necessary requirements in the general context of the company.”
“Reference” Tostmann has been working since November
As the “Kroon” has reported several times, the machine manufacturer has been hit hard. Up to 30 percent turnover loss, poor worldwide economic situation and high production costs, the machine manufacturer associated with the machine manufacturer. In the previous year, management decided drastic measures together with the workforce: salary exemption, four -day week with less income. For exemptions with repetition of guarantees.
The company is part of the Kuhn Group. To save the company, a “renovator” was provided to the Managing Directors – Andreas Tostmann last November. At VW and the truck manufacturer, this has made a name for his rigorous renovation policy throughout Europe. In February 2025 the director was finally released at the Hallein location, Markus Nolte. He followed the former Voith manager Karl Pichler.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
