The Swiss Times - Swiss News in English

Final end for Meyer Burger at the German site in Freiberg

The solar manufacturer Meyer Burger has sealed the final end for its Freiberg site. The approximately 500 employees received their notice on Tuesday, said a company spokeswoman.

More than 400 people would lose their jobs as a result. The others have been offered contracts in other companies of the Swiss group.

This was preceded by German Finance Minister Christian Lindner's rejection of the so-called resilience bonus, which was intended to protect manufacturers under pressure in Europe. Meyer Burger had made the future of the Freiberg site dependent on this support. Production has been at a standstill since mid-March.

Meyer Burger posted a significant loss last year, citing strong competition from cheap solar modules from China as the reason.

©Keystone/SDA

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