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.
Esslingen-Berkheim, Ostfildern, St. Ingbert-Rohrbach
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
300 jobs Number of planned job creations
Announcement Date
22 January 2008
Employment effect (start)
1 January 2008
Foreseen end date
31 December 2008
Description
Festo, a global provider of solutions for the automation of technical processes, announced the creation of 300 new jobs by the end of 2008 at the production sites in Esslingen-Berkheim, Ostfildern and St. Ingbert-Rohrbach. The company attributed the business expansion to the rising demand for its products. The company employs around 12,000 worldwide. As of February 2008 there is no information on the number employed at the three production sites.
Sources
22 January 2008: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2008), Festo, Business expansion in Germany, factsheet number 66145, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66145.
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