Home » In the expertise group Fronius, 350 staff have to depart

In the expertise group Fronius, 350 staff have to depart

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In the expertise group Fronius, 350 staff have to depart

The Austrian firm Above cites the “photo voltaic downside” as the rationale for the layoffs. The record of high items among the many installers is lowered little or no, and there are additionally drop costs from Chinese producers.

In the Upper Austrian technical group Fronius primarily based in Pettenbach (Kirchdorf district), 350 staff have to depart. Those affected had been notified on Tuesday – earlier than the report was despatched to AMS. It primarily impacts staff within the Sattledt space. The firm pointed to “the present photo voltaic disaster” and “continued weak gross sales within the Solar Energy enterprise unit” as the rationale.

Fronius had already canceled the shifts and parted methods with hiring staff on the finish of 2023. Temporary inside employment is launched for 1,300 photo voltaic manufacturing staff by 2024. The scenario continued to worsen within the first two quarters of 2024 because the photo voltaic market didn’t get well, it stated. CEO Elisabeth Engelbrechtsmüller-Strauß assumes that the dismissal of 350 staff will cut back labor prices sufficiently and won’t occur once more.

The predictions are very excessive

Initially, provide chain issues and the PV increase, attributable to the power disaster as a result of Russia’s warfare towards Ukraine, meant that the household enterprise couldn’t ship as a lot as ordered. Therefore, roughly 420 million euros had been invested in increasing the manufacturing strains on the Sattledt and Krumau websites in 2022 and 2023 and a couple of,000 new staff had been employed. But now the warehouses of wholesalers and installers are full and their stock is lowered a lot lower than anticipated, the CEO defined. Forecasts didn’t proceed, low power prices and uncertainty about funding brought about the enlargement of PV methods in Austria to be 30 to 40 % decrease than in 2023. In Germany, the marketplace for rooftop methods has even shrunk, Engelbrechtsmüller stated. – The ostrich continued.

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Difficult market circumstances

Adding to it is a downside that your complete European photo voltaic business is combating: “dumping costs from Chinese producers, who’ve flooded the European market with merchandise which are typically beneath the price of manufacturing.” European politics has not but responded to this distortion of competitors, or has not responded strongly sufficient. “This omission is resulting in a essential scenario, which sadly is now additionally affecting employment at Fronius,” the corporate stated.

The expertise firm Fronius, based in 1945 by the grandfather of the present CEO as a one-man enterprise, had gross sales of roughly 1.6 billion euros in 2023 (2022: 1.2 billion euros) and employs roughly 8,000 individuals. The enterprise is predicated on three very unequal pillars: the photo voltaic business accounts for about 60 %, welding expertise for 35 % and the battery charging sector for about 5 %. (AP)

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