EMCC European Monitoring Centre on Change

BMW

Company/Organisation:
BMW

Geographic Location

Country: Germany
Location of affected unit(s): Leipzig

Company

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

Employment Effects

Announcement Date: 05-11-2010
Type of Restructuring: Business expansion
Employment Effect Start: 05-11-2010
Foreseen End Date: 31-12-2011
Planned Job Creation: 1300

Additional Information

On 7 December 2010, the daily Frankfurter Allgemeine Zeitung reported on the car manufacturer BMW's intention to create 1,300 jobs in Germany by the end of 2011. Already at the beginning of November, the same paper had reported that BMW will create 800 new jobs at its production site in Leipzig. The job creation in Leipzig is part of the company's plan to manufacture a new line of electric cars called ‘Megacity Vehicles'. This project will receive 400 million Euros over the next three years.