Infineon Technologies Austria AG

Type
Business expansion
Country
Austria
Region
Südösterreich; Kärnten; Klagenfurt-Villach
Location of affected unit(s)
Villach
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
200 jobs
Number of planned job creations
Job creation
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

Citation

Eurofound (2014), Infineon Technologies Austria AG, Business expansion in Austria, factsheet number 77270, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77270.