No alternative to Siegfried Wolf’s offer


STEYR. At the works meeting in Steyr on Friday, the MAN board once again made it clear that a sale to investor Wolf is the only option for continued employment. CEO Andreas Tostmann and HR manager Martin Rabe were greeted with boos by the MAN employees in Steyr.

The works meeting at MAN in Steyr lasted around two hours on Friday and was attended by 1,700 employees in assembly hall 25. The mood was extremely tense, as around 600 permanent employees are likely to lose their jobs after the planned takeover by the WSA from Siegfried Wolf.

Vote on April 7th

Production will continue for MAN in Steyr until the end of 2022, after which Wolf intends to continue with 1,250 employees and 150 apprentices and produce niche products under the Steyr brand. Next week, all employees will receive a folder with information on the planned WSA takeover. On April 7th, the MAN workforce in Steyr will decide in a secret ballot whether Wolf’s offer should be accepted. A result is expected for April 8th.

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alternative Siegfried Wolfs offer


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