Type
Bankruptcy
Country
Austria
Region
Westösterreich; Oberösterreich; Linz-Wels
Location of affected unit(s)
Gunskirchen
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment

96 - 166 jobs
Number of planned job losses
Job loss
Announcement Date
5 February 2003
Employment effect (start)
1 February 2003
Foreseen end date

Description

Eudora had to declare insolvency, 166 employees are involved. Only parts of the enterprise can be possibly saved through finding a buyer.

On 19 March 2003 : Eudora could be bought by Kenwood-Schumpf AG and 70 on the 166 jobs could be saved. Waiting for final decision.


Citation

Eurofound (2003), Eudora, Bankruptcy in Austria, factsheet number 59124, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/59124.