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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20 - Manufacture of chemicals and chemical products 20 - Manufacture of chemicals and chemical products
225 jobs Number of planned job creations
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://apps.eurofound.europa.eu/restructuring-events/detail/62553.