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
200 jobs Number of planned job creations
Announcement Date
26 June 2014
Employment effect (start)
26 June 2014
Foreseen end date
31 December 2017
Description
The German semiconductor manufacturer Infineon Technologies has announced that it will create 200 jobs in Villach. According to the sources, the investment is part of a €290 million investment in its operations in Austria. The restructuring will take place between 2014 and 2017 and is part of an overall company strategy, called "Pilotraum Industrie 4.0". the new jobs will mostly be in the area of research and development.
The sources note that Infineon Technologies Austria AG is part of Infineon Technologies which provides semiconductors and system solutions for companies in the mobility, security and energy sector.
The ERM previously reported on restructuring at the company in 2012, 2011, 2008 and 2004.
Sources
26 June 2014: Wirtschaftsblatt
26 June 2014: Kleine Zeitung
26 June 2014: Kurier
Citation
Eurofound (2014), Infineon Technologies Austria AG, Business expansion in Austria, factsheet number 77270, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77270.
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