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 27.4 - Manufacture Of Electric Lighting Equipment
No information on job gains number available
Announcement Date
24 January 2018
Employment effect (start)
1 January 2018
Foreseen end date
1 June 2018
Description
Siteco is a German company belonging to the Osram Group producing indoor and outdoor lighting. In 2018, it decided to implement a reorganization of the production network to simplify and optimize organizational processes. Within this project, it was decided to concentrate by mid-2018 the luminaire production in the German site of Traunreut; therefore, this product line was back-shored from the Slovak plant in Nové Zámky. The foreign plant will continue to manufacture light for the automotive industry.
24 January 2018: Passauer Neue Presse (www.pnp.de)
Citation
Eurofound (2018), Siteco, Reshoring in Germany, factsheet number 52, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/52.
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