EMCC European Monitoring Centre on Change

BMW

Company/Organisation:
BMW

Geographic Location

Country: Germany
Region: Leipzig, Kreisfreie Stadt; Leipzig; Sachsen
Location of affected unit(s): Leipzig

Company

Sector: Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Number Employed: 105972
Group: BMW Group

Employment Effects

Announcement Date: 13-05-2005
Type of Restructuring: Business expansion
Employment Effect Start: 01-03-2005
Foreseen End Date: 30-06-2006
Planned Job Creation: 5500

Additional Information

BMW has opened its new factory in Leipzig, where the new 3-series-model has gone into production in March 2005. BMW has invested €1.3 billion, €363 million were given as subsidies by the state of saxony. In the medium term production is to be increased from 160 to 650 cars each day, employment is to rise from 2,500 to a maximum of 5,500 in 2006.