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.
Vishay Siliconex, a semiconductor manufacturer operating in Germany, has announced the creation of more than 100 new jobs at its production facility in Itzehoe. Initial project announcements in 2023 referred to the creation of 150 jobs, while more recent reporting in July 2026 states that more than 100 jobs are expected to be created.
The expansion forms part of an investment programme worth more than €400 million and aims to double the production capacity for chip switches used in automotive power transistors. The initiative is linked to the European Union's Chips Act, which seeks to strengthen semiconductor manufacturing within Europe and reduce dependence on imports from Asia. By expanding its facility in Itzehoe, Vishay is supporting this strategic objective.
Vishay employs more than 22,000 people worldwide.
Eurofound (2026), Vishay Siliconex Itzehoe, Business expansion in Germany, factsheet number 300780, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300780.