Siteco

Type
Reshoring
Country
Germany
Reshoring from
Slovakia
Reshored business function
Production
Region
Bayern; Oberbayern; Traunstein
Location of affected unit(s)
Traunreut
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27.4 - Manufacture of lighting equipment
27.4 - Manufacture of lighting equipment
No information on job gains number available
Announcement Date
24 January 2018
Employment effect (start)
1 January 2018
Foreseen end date
1 June 2018

Description

Siteco is a German company belonging to the Osram Group producing indoor and outdoor lighting. In 2018, it decided to implement a reorganization of the production network to simplify and optimize organizational processes. Within this project, it was decided to concentrate by mid-2018 the luminaire production in the German site of Traunreut; therefore, this product line was back-shored from the Slovak plant in Nové Zámky. The foreign plant will continue to manufacture light for the automotive industry. 

Sources

Citation

Eurofound (2018), Siteco, Reshoring in Germany, factsheet number 52, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/52.