Economy
Thursday 07 April 2016
A chapter of German economic history tends to a close: At ancestral headquarters the last vestiges of the electrical appliances giant Grundig will disappear forever. The parent company from Turkey has new plans.
The traditional brand Grundig takes his final bow from Nuremberg. During the second half of the Grundig Intermedia GmbH will move south of Frankfurt Neu-Isenburg, informed the home appliance manufacturer Arçelik with.
The Turkish Grundig-mother, thus grouping together its activities in Germany in Hessen, where already the sister company Beko Germany is established. A job losses was not planned, they say. However, the remaining Grundig Leaders must demonstrate flexibility in choosing their place of residence. “It is very important to us that all in Nuremberg employed 72 staff move us into the Rhine-Main region”, stated CEO Sühel Semerci.
Legendary Brand
Grundig was once as AEG and source of the great Nuremberg-based company. After a year-long decline of the electronics giant slithered in 2003 in bankruptcy and was smashed. Last remained from the world famous enterprises not much more than a case. are produced which are provided with Grundig emblems devices of Beko in Turkey.
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On previous Grundig headquarters Nuremberg only jobs remained in the administration, planning and logistics. In the Middle Franconia metropolis recalls among others the stadium of Bundesliga club 1. FC Nürnberg at the 1989 deceased company founder Max Grundig.
In the brand Grundig living memories of the heyday of German workmanship continue. Since 2007, Grundig Intermedia is about Arçelik part of Turkish conglomerate Koc. Its founder and longtime chief, the Turkish billionaire Mustafa Koc, had suffered a fatal heart attack in January at the age of only 55 years. Since 2013, the Turkish Group also markets increasingly Appliances under the Grundig brand.
Source: n-tv.de
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