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 27.2 - Manufacture of batteries and accumulators
275 jobs Number of planned job losses
Announcement Date
30 July 2012
Employment effect (start)
31 August 2012
Foreseen end date
31 December 2012
Description
German Schüco International, one of the leading developers in the field of photovoltaic appliances to buildings, has announced to close all production, research and development operations in Germany in 2012; 275 jobs will be affected.
Already at the end of August one site in Großröhrsdorf, Saxony, will be closed; the sites in Osterweddingen, Saxony-Anhalt and Bielefeld, North-Rhine Westfalia will be closed until the end of the year. The enterprise stated that the global crisis in the photovoltaic sector made these measures unavoidable.
Sources
31 July 2012: Handelsblatt
Citation
Eurofound (2012), Schüco, Closure in Germany, factsheet number 73959, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73959.
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