Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
USK, specialised in installation engineering, announced the creation of 50 new jobs in the first half of 2016. As soon as these positions are filled, the company's workforce will reach a threshold of more than 400 employees. According to the management, they are hiring mechanical and electrical engineers, installation programmers, industrial mechanics and industrial electronics technicians. Recruitment is due to an increase in incoming orders in the last quarter of 2015. To increase its attractiveness as an employer, USK will rise wages and offer the possibility of flexible working time considering operational requirements.
Headquartered in Limbach-Oberfrohna, USK currently employs 360 employees at two sites in Germany. The company supplies the automotive industry.
Eurofound (2016), USK Karl Utz Sondermaschinen, Business expansion in Germany, factsheet number 86475, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86475.