Company detailsCode: PewagCompany name: PewagCompany country: AustriaNumber of employees: 1000Sector: C - ManufacturingSector detail: C25 - Manufacture of fabricated metal products, except machinery and equipmentSub-sectors: C25.9.3 - Manufacture of wire products, chain and springs Reshoring detailsReshoring announcement date: 08/07/2016Starting implementation date: July, 2016End of Implementation : December, 2016Reshored to: AustriaLocation of affected unit(s): BrücklLocation code: AT21Partial or Total reshoring: PartialReshoring governance mode: In house (in own facilities)Reasons for reshoring: Unattractiveness of the offshore marketCase narrative: Pewag is an Austrian chain manufacturing company, with a range of products including snow chains, tire protection chains, transmission chains and more. The company has decided to stop the production of one line of snow chains, the Konig brand, which is currently produced in a specialised plant in Molteno, Italy. At least 100 employees (out of 130 workers in the plant) will lose their jobs. Some activities including marketing, sales and logistics are expected remain in Molteno. Due to a dramatic drop in demand, production of the chain itself will be moved to other plants, in particular to Brückl, Austria, and Vamberk and Ceská Trebová in the Czech Republic. Sources: Wirtschaftsblatt, 8 July, 2016 Sources link: Wirtschaftsblatt, 8 July, 2016. Offshoring detailsOffshoring date: 2008Offshoring location: ItalyOffshored business function: Customer servicesOffshoring governance mode: In house (in own facilities)Offshoring entry mode: Wholly owned