Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

01Oct92 GERMANY: HANOMAG AG CUTS WORK HOURS.

Hanomag AG, the German wheeled loader manufacturer, is introducing shorter working days in an attempt to cut running costs and clear stocks of machines.Estimates put the value of machinery stockpiled at DM140 million (£55 million), although Hanomag was not able to confirm this figure.Up to 800 employees from the 1,500 strong workforce at the Hanover factory will work short time from the end of October to the start of the form's holiday break on December 24.By the end of next year, ...

Subscribe now for unlimited access and receive...

  • The latest client and contractor news
  • Interviews with industry leaders
  • Insight into contractors’ strategies, performance and contract activity
  • Market data, industry trends and forecasts
  • Technical reports on innovation and best practice techniques

Register for guest access and receive...

  • One free article per month
  • Breaking and Daily News alerts straight to your inbox
  • Expert opinion and Editor's Comment articles
  • CN Briefings on the day's talking points
  • Picture galleries showcasing the biggest projects

Already a subscriber? Click here to sign in

Print subscriber? Activate your digital account here