Type
Business expansion
Country
Germany
Region
Mecklenburg-Vorpommern; Wismar; Kreisfreie Stadt
Location of affected unit(s)
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28 - Manufacture of machinery and equipment n.e.c.

120 jobs
Number of planned job creations
Job creation
Announcement Date
1 May 2008
Employment effect (start)
1 April 2009
Foreseen end date

Description

Kenersys, a Germany-based provider of wind turbine technology which is part of the Indian wind energy company Kalyani Group, plans to create 120 permanent jobs by investing in a new production facility in Wismar, Mecklenburg-Vorpommern. This business expansion will involve a capital investment amounting to EUR 4 million. The company has its headquarters in Münster where it currently employs 120. As of April 2008, there is no information on when the new jobs will be created by. In 2008, Munster-based Kenersys became part of the Kalyani Group, a leading supplier of forged parts to the automotive industry, which ranks as one of the leading industrial enterprises in India with approximately 10,000 employees and over €2 billion in turnover.


Sources

Citation

Eurofound (2008), Kenersys, Business expansion in Germany, factsheet number 66619, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66619.