Restructuring events
European Restructuring Monitor (ERM)
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.
The Austrian subsidy of the German chip manufacturer Infineon has opened a new production plant on its grounds in Villach (south of Austria), creating 400 new jobs. The fully automated production line will contribute to meet the increasing demand of microchips and requires additional stuff for maintainance, control, research and development.
With 46,665 employees and a revenue of € 8.567 billion (2020), the german company Infineon is one of the largest semiconductor manufacturers of the world. This business expansin follows another opening of a research and development in Linz in 2019 (Infineon2019 - AT).
Eurofound (2021), Infineon, Business expansion in Austria, factsheet number 106375, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106375.