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.
Sources:
05-12-2006Frankfurter Rundschau
06-12-2006Les Echos