Osram to Close Its Factory in Bavaria and Move Production to Berlin

Osram announced in its latest press release that the company will shift production of its cinema lamp to Berlin and close the production site in Eichstätt, a Bavarian town in Germany.

Osram said the decision is made in response to structural changes in the cinema industry and additional economic challenges being faced as a result of the coronavirus. The market for cinema lamps is impacted by the pandemic as people are not able to go to cinemas, leading to shrinking demands and production decline.

German media Die Welt reported that the measure was criticized by IG Metall, the largest union in German formed by metalworkers, indicating that shutting down the site in Eichstätt violates the agreement of Osram from Novermber 2019 that included location and job security. Despite that Osram will offer all employees at the Eichstätt a job in Berlin, the two cities is 500 kilometers way from each other.

Osram plans to start the move from Eichstätt to in October 2020.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<

Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.