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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.90 - Manufacture of other electrical equipment
200 jobs Number of planned job creations
Announcement Date
4 January 2023
Employment effect (start)
4 January 2023
Foreseen end date
31 December 2023
Description
Swedish solar cell manufacturer Svea Solar will recruit 800 new employees globally in 2023, including several hundred in Sweden. The recruitment covers several occupations from technicians to salespersons and IT developers.
In response to the electricity price shock, the Swedish government has decided to introduce an increase in the tax reduction for the installation of solar cells, making the purchase of solar panels more affordable for the consumers. This has led to an increase in demand. According to Svea Solar's CEO, labour shortage is a challenge for recruitment.
Svea Solar is a Swedish solar cell manufacturer with operations in Germany, Spain, the Netherlands, and Belgium. Globally, the company employs more than 1,200 people.
Eurofound (2023), Svea Solar, Business expansion in Sweden, factsheet number 108163, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108163.
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