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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
270 jobs Number of planned job creations
Announcement Date
14 October 2008
Employment effect (start)
14 October 2008
Foreseen end date
31 December 2009
Description
On 14 October 2008, the Califorina-based Signet Solar, manufacturer of equipment for the production of solar energy, announced the creation of 270 new jobs at its plant in Mochau (Saxony). The job creation is attributed to the decision to increase production. The new jobs are expected to be created by the end of 2009.
Sources
15 October 2008: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2008), Signet Solar, Business expansion in Germany, factsheet number 67267, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67267.