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
150 jobs Number of planned job creations
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67140.
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