Magna closes work in Neumarkt: 110 jobs in danger!

Magna closes work in Neumarkt: 110 jobs in danger!

Neumarkt in der Oberpfalz, Deutschland - The automotive supplier Magna announced the closure of his work in Neumarkt in the Upper Palatinate. On Thursday, the 110 employees were informed that the location will be gradually shut down by the end of 2026 and then completely closed. The rest of the production is to be moved to Austria. This decision comes after the works council and IG Metall have asked for a future concept for the work since 2018, since the demand for the products that are made in Neumarkt has decreased, especially with regard to the mobility turn.

Josef Barth, Chairman of the Works Council, commented concerns about the decision: "It is already hard". Magna plans to negotiate with the employee representative of a compensation for interests and social plan. A meeting of the union on October 21st is to clarify further steps, with Rico Irmischer, first authorized representative of IG Metall Regensburg, emphasized that the closure would not simply be put up with. In the Neumarkter plant, which has been producing tanks for premium manufacturers such as Audi and Porsche since 2002, over 250 people were once employed before the number shrank. For more information, www.br.de .