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.
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
100 jobs Number of planned job creations
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: Právo
Citation
Eurofound (2006), Infineon Technologies, Closure in Czechia, factsheet number 63360, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63360.
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