Type
Bankruptcy
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26.11 - Manufacture of electronic components

260 jobs
Number of planned job losses
Job loss
Announcement Date
25 May 2012
Employment effect (start)
25 May 2012
Foreseen end date
1 June 2012

Description

As announced on 25 May 2012, Odersun, a manufacturer of solar panels, will be closed and 260 jobs will be cut. Odersun filed for insolvency in March 2012. The insolvency is due to weak sales and current severe problems to find investors for the solar industry.


Sources

  • 24 May 2012: M√§rkische Oderzeitung
  • 26 May 2012: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2012), Odersun, Bankruptcy in Germany, factsheet number 73659, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73659.