EMCC European Monitoring Centre on Change

Viessmann France

Company/Organisation:
Viessmann France

Geographic Location

Country: France
Region: Moselle; Lorraine; Est
Location of affected unit(s): Faulquemont (Moselle)

Company

Sector: Manufacturing
Manufacture of electrical equipment
27.2 - Manufacture of batteries and accumulators
Number Employed: 830
Group: Viessmann

Employment Effects

Announcement Date: 05-12-2006
Type of Restructuring: Business expansion
Employment Effect Start: 01-12-2006
Foreseen End Date: 01-12-2010
Planned Job Creation: 250

Additional Information

The family owned German group Viessmann announced on 5 December 2006 that the it wants to increase its market share in France. The company, a manufacturer of solar panels, currently employs 830 people in France and has experienced an annual sales growth of 22%. The group decided to accelerate its industrial and commercial development with a capital spending programme of 90 million euro spread out over six years (2005-2010). As a result of this, Viessmann France is expected to create 250 new jobs between December 2006 and December 2010.