On November 5, the Board of Managing Directors of Schaeffler AG announced structural measures for Europe aimed at securing a long-term increase in the company\u2019s competitiveness. The structural measures in Europe outside of Germany are focused mainly on the Bearings & Industrial Solutions division, which is grappling with continuing economic weakness, structural problems, and increasingly intense competition.<\/p>\n\n\n\n
Within Europe, the program of measures will \u2013 as previously announced on November 5, 2024 \u2013 impact a total of 4,700 jobs, including around 2,800 in Germany and 1,900 at European locations outside of Germany. Production relocations will reduce the impact in Europe to a net reduction of about 3,700 jobs.<\/p>\n\n\n\n
In the Bearings & Industrial Solutions division, Schaeffler plans to cease production in Berndorf, Austria. This location currently produces wheel bearings and wheel hub modules as well as gearbox bearings for the company\u2019s automotive, industrial and aftermarket operations. These products are used primarily in heavy commercial vehicles, such as trucks, tractors, and construction machinery.<\/p>\n\n\n\n
\u201cThese sectors are facing strong demand volatility as well as extremely intense cost and price pressures as a result of growing competition in the European market by Asian manufacturers. Because of the Berndorf site\u2019s relatively small scale, it has become very difficult, if not impossible, to manage the strong demand volatility in a way that maintains planning certainty and commercial viability. It is not possible to make up for the sharp increases in material, energy and labor costs of the past few years by imposing further price increases on customers. For these reasons, the above products will in future be produced at more cost-effective locations in the company\u2019s production network in Europe, China, and wider Asia,\u201d a release shows.<\/p>\n\n\n\n
Schaeffler\u2019s site in Brasov, Romania, is also affected by consolidation measures. The company intends to set up production capacity for standard bearings in Asia, and to consolidate production of brass cages away from Brasov. On the other hand, Schaeffler will set up production capacity for certain products \u2013 such as industrial products for European customers \u2013 in Brasov. In addition, linear products from Homburg and Taoyuan will be consolidated in Brasov. This will make the Brasov plant a central production location for linear components.<\/p>\n\n\n\n
The facility there will continue as Schaeffler\u2019s global lead plant for large bearings of up to 4 meters in diameter, including production of components for these bearings. Essential capital investment is also being planned for this location.<\/p>\n\n\n\n
\u201cThrough the necessary consolidation of our European production network, we are improving our cost structures and making our company more competitive,\u201d said Sascha Zaps, CEO Bearings & Industrial Solutions. \u201cThe focus of our plans is on putting Schaeffler\u2019s bearings business in a strong position for the future, to ensure long-term profitability and optimize collaboration with our customers. Our goal is to find viable solutions with employee representatives and employees as quickly as possible.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
On November 5, the Board of Managing Directors of Schaeffler AG announced structural measures for Europe aimed at securing a long-term increase in the company\u2019s competitiveness. The structural measures in Europe outside of Germany are focused mainly on the Bearings […]<\/p>\n","protected":false},"author":2,"featured_media":13479,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[48,54,56],"tags":[],"_links":{"self":[{"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/posts\/15187"}],"collection":[{"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/comments?post=15187"}],"version-history":[{"count":1,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/posts\/15187\/revisions"}],"predecessor-version":[{"id":15190,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/posts\/15187\/revisions\/15190"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/media\/13479"}],"wp:attachment":[{"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/media?parent=15187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/categories?post=15187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/tags?post=15187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}