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 Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
565 jobs Number of planned job creations
Announcement Date
19 July 2007
Employment effect (start)
Foreseen end date
Description
The US manufacturer of semi-conductors Advanced Micro Devices (AMD) operates a plant that produces chips in Dresden in Saxony. The German government had planned to subsidise the extension of this plant. On 19 July 2007, Neelie Kroes in her position as European Commissioner of Competition approved of AMD’s and the German Federal Government’s investment plan. The extension of the plant will lead to the creation of 565 new jobs in Dresden.
Sources
19 July 2007: Financial Times Deutschland
Citation
Eurofound (2007), Advanced Micro Devices (AMD), Business expansion in Germany, factsheet number 65625, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65625.
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