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 - Manufacture of electrical equipment
400 jobs Number of planned job creations
Announcement Date
29 August 2006
Employment effect (start)
1 January 2008
Foreseen end date
31 December 2008
Description
The Norwegian start-up Norsun and French Photon Power Technologies, specialized in the photovoltaics, announced on 29 August 2006 the creation of a factory called 'Photovoltaïque' in the south of France. In the year 2008 this manufacturing plant of solar panels (polycrystalline silicon) should create 400 new jobs. The population of Saint Auban, where the factory will be built, is very attentive of this project because only a few months ago a factory closed there (see fact sheet for Arkéma). The Ministry for Industry has given the planning permission to the project. The total investment of EUR 250 million has been authorized by the Ministry for Industry because it would wish to create there the future French 'Silicon Valley'.
Sources
30 August 2006: Les Echos
Citation
Eurofound (2006), Photovoltaïque, Business expansion in France, factsheet number 63974, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63974.
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