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 Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
108 jobs Number of planned job creations
Announcement Date
6 June 2007
Employment effect (start)
1 January 2009
Foreseen end date
1 January 2010
Description
Genesis Solar announced its plans to open a plant for the manufacturing of photovoltaic pannels for solar energy systems in the Bay area of Cadiz. The plant will be located in the Tecnobahia Industrial Park and it is expected to create 108 jobs: 88 in production, 14 in the commercial department and 6 in administration. The project will be implemented in two stages in 2009 and 2010. The plant’s production is directed at the regional market in Andalucia (50%), the rest of Spain (20%) and abroad (30%).
Sources
6 June 2007: Cinco Días
Citation
Eurofound (2007), Genesis Solar, Business expansion in Spain, factsheet number 65456, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65456.
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