Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Singen, Oranienburg
Sector
Retail
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Wholesale Of Household Goods
46.46 - Wholesale of pharmaceutical goods

260 jobs
Number of planned job creations
Job creation
Announcement Date
12 August 2014
Employment effect (start)
12 August 2014
Foreseen end date

Description

Takeda Pharma Vertrieb is to create up to 260 jobsĀ in Germany, 100 in Singen and up to 160 in Oranienburg. According to the CEO, job creation is due to increasing sales and new substances which shall be introduced to the market within the next years. There was no information given about the end date of the job set-up. Currently, Takeda employs around 1,700 people in Germany.

Takeda is the biggest Japanese producer of pharmaceuticals. In 2013, sales increased by 8,6 percent to 12,7 billion euros. Takeda employs 30,000 people worldwide.

The company was Swiss Nycomed before and acquired by Takeda in 2011. In the following, the company cut between 1,000 and 1,200 out of 2,500 jobs in Germany (see FS19729).


Sources

  • 21 August 2014: Zollern-Alb-Kurier
  • 12 August 2014: FAZ

Citation

Eurofound (2014), Takeda Pharma Vertrieb, Business expansion in Germany, factsheet number 77440, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77440.