Type
Closure
Country
Czechia
Region
Severovychod; Kralovehradecky;
Location of affected unit(s)
NA
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

450 jobs
Number of planned job losses
Job loss
100 jobs
Number of planned job creations
Job creation
Announcement Date
19 April 2006
Employment effect (start)
Foreseen end date
30 June 2006

Description

Infineon Technologies Trutnov, a well known fibre optic cables and transducers producer, will be closed by 30 June 2006. The company was established in January 2000 as a subsidiary of Infineon Holding B.V. based in the Netherlands. About 250 employees have already been dismissed and the remaining 200 people are to be laid off when the company closes. Some employees hope to get a job after Siemens VDO takes over the plant in July 2006. Siemens will produce electrical components for the car industry and intends to create at least 100 jobs.


Sources

  • 19 April 2006: Pr├ívo

Citation

Eurofound (2006), Infineon Technologies, Closure in Czechia, factsheet number 63360, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63360.