The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
230 jobs Number of planned job creations
Announcement Date
22 January 2020
Employment effect (start)
22 January 2020
Foreseen end date
22 January 2023
Description
As announced on 22. January 2020, the German subsidiary of the Chinese automotive company Geely, Geely Auto Technical Deutschland (GATD) plans to increase the number of employees at its new headquarters in Raunheim by 230 within the next three years. Currently, GATD has 70 employees at the plant in Raunheim - most of are skilled engineers with work experience in the German automotive industry (e.g. Opel, VW and Audi). The focus of GATD in Raunheim is on electric mobility.
Eurofound (2020), Geely Auto Technical Deutschland, Business expansion in Germany, factsheet number 100342, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100342.
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