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 29.3 - Manufacture of parts and accessories for motor vehicles
New offshoring locations
Poland
250 jobs Number of planned job losses
Announcement Date
11 July 2005
Employment effect (start)
31 December 2007
Foreseen end date
31 December 2007
Description
Automotive supplier Geiger technik has announced the closure of its factory in Garmisch-Partenkirchen towards the end of 2007. Relentless pressure on margins in the sector made the concentration on one factory in Bavaria inevitable the management said. Some of Garmisch's production will be transferred to the remaining Bavarian factory in Murnau, parts to the company's other factory in Poland. Geiger technik is in negotiations about a redundancy programme.
Sources
12 July 2005: br-online
Citation
Eurofound (2005), Geiger technik GmbH, Offshoring/Delocalisation in Germany, factsheet number 61975, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61975.
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