Stiebel Eltron

Type
Relocation
Country
Germany
Region
Berlin; Berlin; Berlin
Location of affected unit(s)
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
100 jobs
Number of planned job losses
Job loss
Announcement Date
27 October 2005
Employment effect (start)
30 June 2006
Foreseen end date
30 June 2006

Description

Stiebel Eltron, a producer of electrical appliances for households, will close its factory in Berlin-Tempelhof, thereby cutting around 100 jobs. The factory's size had fallen under a critical size, making production too costly, the management said. Employees will be offered jobs at another plant in Holzminden (Lower Saxony).

Sources

Citation

Eurofound (2005), Stiebel Eltron, Relocation in Germany, factsheet number 62503, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62503.