Sanofi-Aventis

Type
Business expansion
Country
Germany
Region
Hessen; Darmstadt; Frankfurt am Main, Kreisfreie Stadt
Location of affected unit(s)
Frankfurt-Höchst
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
500 jobs
Number of planned job creations
Job creation
Announcement Date
27 April 2006
Employment effect (start)
Foreseen end date

Description

Sanofi Aventis announced to invest 150 Mill. Euro in a new plant in Frankfurt-Höchst that will specialize in the manufacturing of new bins for Insulin (‘Insulin-Pens’). 500 new jobs will be created, 300 of these are planned to be in existence by spring of 2007.

Sources

  • 28 April 2006: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2006), Sanofi-Aventis, Business expansion in Germany, factsheet number 63428, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63428.