Infineon: Infineon takes over building of Dresden printing company Prinovis
On 1 July 2023, Infineon will take over the buildings of Prinovis, a large printing company in Dresden belonging to the Bertelsmann Group. A corresponding purchase agreement has been signed by Prinovis GmbH & Co. KG and Infineon Technologies Dresden GmbH & Co. KG today. Both parties have agreed not to disclose the purchase price.
The Prinovis buildings offer a total of around 54,000 square metres of space. Over the coming months, Infineon will gradually prepare this space for a new use. In the medium term, an innovation centre, a training centre and Infineon Dresden's logistics hub are to be built on the site.
"We are very pleased that Infineon will put our buildings to a new use," says Dr Ulrich Cordes, Chief Financial Officer of Bertelsmann Printing Group. After the closure plans were announced a year ago, the state capital Dresden had actively participated in the transformation process. "After we had already been able to support the placement of the approximately 460 employees affected, among other things with four job fairs on site, we are now very happy to have found a future-oriented use for the building with Infineon as well," says Dr. Robert Franke, Head of the Office for Economic Development.
"Infineon Dresden will continue to grow significantly in the coming years," says Managing Director Raik Brettschneider. "We will need more space for the foreseeable future: for new employees and for our production technology. Our development centre for automotive electronics and artificial intelligence has also grown in recent years and needs more offices and laboratory space. At the new location in Meinholdstraße, we find ideal conditions for this."
Infineon Dresden is one of the largest locations of the group. More than 3,200 employees research, develop and manufacture power semiconductors, sensors and microcontrollers here. These products play a key role in meeting the two major societal challenges of decarbonisation and digitalisation. Thanks to the ever-increasing demand for these semiconductor solutions, Infineon Dresden will grow significantly in the coming years.
Infineon Technologies AG is a leading global provider of semiconductor solutions that make life easier, safer and more environmentally friendly. Microelectronics from Infineon is the key to a future worth living. With around 56,200 employees worldwide, the company achieved sales of around Euro 14.2 billion in the 2022 financial year (ending September).