Photovoltech

Type
Business expansion
Country
Belgium
Region
Vlaams Gewest; Prov. Vlaams-Brabant; Arr. Leuven
Location of affected unit(s)
Tienen
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
150 jobs
Number of planned job creations
Job creation
Announcement Date
12 September 2008
Employment effect (start)
1 January 2010
Foreseen end date
31 December 2010

Description

Photovoltech, a solar cell manufacturer owned by French Total SA, GDF Suez and IMEC (Interuniversity MicroElectronics Centre), has announced that it is to expand its photovoltaic (PV) cell production capacity by building a second plant in Tienen (north of Brussels) which will employ 150 new people by the end of 2010. Photovoltech currently employs 100 employees at its existing plant located in Tienen. Photovoltech's investment is driven by strong growth in the European market, in particular in Germany, Spain, Italy, France and Belgium.

Sources

  • 12 September 2008: L'Echo
  • 12 September 2008: La Libre Belgique

Citation

Eurofound (2008), Photovoltech, Business expansion in Belgium, factsheet number 67140, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67140.