EMCC European Monitoring Centre on Change

Conergy

Company/Organisation:
Conergy

Geographic Location

Country: Germany
Region: Brandenburg

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.

Employment Effects

Announcement Date: 12-11-2006
Type of Restructuring: Business expansion
Foreseen End Date: 31-08-2008
Planned Job Creation: 1000

Additional Information

On 12 November 2006, Conergy, a German supplier of machinery systems in the area of regenerative energy, photovoltaic modules and optical tools (lenses), announced its plans to set up a new plant in Frankfurt (Oder). Between 500 and 600 jobs will be created until the summer of 2007. By the summer of 2008 the workforce is expected to increase to approximately 1,000 employees. The job creation scheme is part of the expansion strategy of the company. Conergy wants to double its revenues within the next business years. The company currently employs 1,334 people in Germany.