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
100 jobs Number of planned job creations
Announcement Date
23 November 2006
Employment effect (start)
Foreseen end date
Description
Morphic Technologies, which is specialised in fuel cells as well as in wind and hydroelectric power technologies, announced on 23 November 2006 that it will invest 117 million SEK, including government assistance of 12 million SEK, in Värmland. Most of the investment will be devoted to the construction of a new unit for the production of components for wind turbines. Some 100 jobs are expected to be created. The situation of the new unit will be decided before Christmas.
Sources
23 November 2006: Press release by Morphic Technologies
23 November 2006: Press release by Nutek
23 November 2006: Sveriges Radio
Citation
Eurofound (2006), Morphic Technologies, Business expansion in Sweden, factsheet number 64536, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64536.
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