Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Burghausen (Bavaria) and Freiberg (Sachsen)
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Chemicals And Chemical Products
20 - Manufacture of chemicals and chemical products

225 jobs
Number of planned job creations
Job creation
Announcement Date
23 November 2005
Employment effect (start)
1 December 2005
Foreseen end date
28 February 2007

Description

Siltronic, a supplier for the semi-conductor industry, has announced a €136 million investment in its operations. The project aims at enlarging Siltronic's capacity for the production of silicon-wafers. Siltronic's factories in both Bavaria and Saxony are to profit from the investment and 225 new positions will be created in the process.


Sources

  • 24 November 2005: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2005), Siltronic, Business expansion in Germany, factsheet number 62553, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62553.