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OHB expands into Saxony: Technisat factory in Vogtland saved!
Bremen company OHB expands to Saxony and takes over Technisat factory. All employees remain, restructuring is the focus.
OHB expands into Saxony: Technisat factory in Vogtland saved!
In an exciting step, the Bremen company OHB SE is expanding into Saxony and taking over the Technisat factory in Schöneck. Loud buten and within OHB aims to offer employment to all current employees in Vogtland after Technisat announced the closure of the plant with 70 employees. The purchase price has not yet been disclosed.
In the traditional production hall in Schöneck, which has its roots as a cigar factory and later specialized in the production of musical instruments and electronics, parts such as circuit boards and cable harnesses will in future be manufactured under the OHB flag. “This is a great signal,” said Saxony’s Prime Minister Michael Kretschmer (CDU), praising the takeover.
A look at OHB
OHB SE, a major company in the space and technology sectors, is at the forefront of innovation in Germany. With over 3,500 employees and main locations in Bremen and Oberpfaffenhofen, the company produces satellites for a wide range of applications - from navigation and telecommunications to reconnaissance and weather observation. The group's sales for 2024 are over 1 billion euros, but they had to accept a loss before taxes of 820,000 euros.
The company, now owned by the founding Fuchs family, has its roots in 1958 and continues to develop. From its beginnings in the shipping industry to modern space solutions, OHB has achieved many milestones and is now the largest German supplier to the Ariane program.
The future of space travel
A look into the future shows that the space industry is booming. Loud daily news Experts predict growth of 10% in the coming years. The federal government's focus on space projects, with a planned budget of 35 billion euros by 2030, underpins this positive development. Security and defense in space are becoming increasingly important, especially under the influence of geopolitical tensions.
OHB is seen as an innovation provider for new start-ups and technologies in the industry. In this dynamic environment, the takeover of the Technisat factory in Saxony could be the key to new opportunities and growth for the company. Industry leaders like OHB not only shape the future of space travel, but also provide economic support for regional-specific labor market developments.