Business ·
Claas invests over EUR 70m in Paderborn – Coswig roll foundry to close
Farm machinery maker Claas is expanding its Paderborn plant and creating over 100 jobs. In Saxony, the Coswig roll foundry will shut at the end of November – 170 employees have been given notice.
Total listed investments2.47EUR bn
Company insolvencies, July 2026 (vs year earlier)2,373 +8.00 %
New entries since 11 Oct morning2
Announced job cuts with a number (table)5,840
Combine harvester and farm machinery maker Claas announced on Saturday evening (10 October), at the 70th anniversary of its plant in Paderborn (North Rhine-Westphalia), an investment of over EUR 70m and more than 100 new jobs (Radio Hochstift, 11 October). According to Neue Westfälische (12 October), around 100 jobs will be in making gearboxes and crawler undercarriages. Claas bought neighbouring land from Heidelberg Materials for this. The company gave no timetable.
In Coswig (Meissen district, Saxony), the Walzengießerei Coswig roll foundry will stop production at the end of November. All 170 remaining employees have received notice (Berliner Kurier, 11 October, citing Sächsische Zeitung and Bild). The company has been insolvent since November 2025, and no buyer was found. At that time about 220 people still worked there.
The week ahead: the Federal Statistical Office (Destatis) publishes final September inflation on Tuesday, 13 October (preliminary 3.3%, core inflation excluding energy and food 2.4%), wholesale prices for September on Wednesday, and building permits for August on Friday, 16 October. The latest insolvency data remain those of 9 October: 2,373 company insolvencies in July, 8.0% more than a year earlier.
The table has 2 new entries. The investment total is EUR 2.47bn (2.40 + 0.07), and announced job cuts with a firm number total 5,840 (5,670 + 170). To keep the table at 25 rows, six entries without a firm amount or job number were removed (McCain, KmB, Zalando, Rheinmetall/Alstom Kassel, Audi, EU raw-material projects). This does not change the totals.
| State / region | Company / project | Sector | Amount (EUR m) | Jobs (− = cuts) | Status / date |
|---|---|---|---|---|---|
| North Rhine-Westphalia (Paderborn) | Claas Industrietechnik – plant expansion (gearboxes, crawler undercarriages) | Farm machinery | 70 | 100 | NEW: announced evening of 10 Oct 2026 (plant's 70th anniversary), reported 11 Oct (Radio Hochstift) and 12 Oct (NW); 'over EUR 70m', 'more than 100 jobs'; land bought from Heidelberg Materials; no timetable |
| Saxony (Coswig, Meissen district) | Walzengießerei Coswig – closure in insolvency, all 170 staff given notice | Foundry / metals | – | −170 | NEW: reported 11 Oct 2026 (Berliner Kurier citing Sächsische Zeitung and Bild); production ends late Nov 2026; insolvent since Nov 2025 (then about 220 staff), no buyer |
| Saxony (Dresden) | GSK – closure of vaccine plant (641 jobs per Berliner Zeitung) | Pharma / vaccines | – | −641 | announced 10 Sep 2026; flu vaccine production moves to Canada, closure by summer 2028; staff protest, support pledged by state premier Kretschmer (8–9 Oct) |
| Baden-Württemberg (Bietigheim-Bissingen) | Nidec Motors & Actuators – planned closure of production | Auto supplier / electric motors | – | −116 | per IG Metall union (6 Oct 2026); by end-2027; sales office to move to Stuttgart area; company gave no reasons |
| Thuringia (Jena) | Carl Zeiss Meditec – job cuts (c. 640 staff in Jena; 600–700 worldwide) | Medical technology | – | – | 8 Oct 2026 (Schwäbische Post); in Jena 'a mid-double-digit number'; final only after negotiations |
| Thuringia (Kahla) | Porzellanmanufaktur Kahla – end of porcelain production in insolvency | Porcelain / ceramics | – | −98 | announced 7 Oct 2026 (administrator Rolf Rombach); 98 staff lose their jobs (t-online); production until end-Oct 2026, decoration until year-end |
| Thuringia (Woffleben) and Brandenburg (Brandenburg an der Havel) | INVEHO – closure of two freight-wagon workshops (220 + about 80 jobs) | Rail / maintenance | – | −300 | Brandenburg: known since 24 Sep 2026 (city of Brandenburg, about 80); Woffleben: reported 5 Oct 2026 (nnz, about 220); closure by end-2026; Altenburg site stays |
| Mecklenburg-W. Pomerania (Rostock) | EEW SPC – cuts at offshore-wind monopile plant (of about 1,000) | Wind power / steel | – | −100 | reported 6 Oct 2026 (Nordkurier, citing media reports); low utilisation expected through 2028 |
| Saxony-Anhalt (Leuna) | Aurora – new medical cannabis production hall, capacity doubled | Pharma | – | 10 | Opened 8 Oct 2026; investment in the mid single-digit millions (not in total); now 55 staff |
| Hesse (Sterbfritz, Sinntal municipality) | OPmobility – considering moving production of exterior body parts | Car parts supplier | – | −460 | Announced 7 Oct 2026; about 460 jobs in Sterbfritz by end-2027 (+ about 310 in France per media); not final, talks with employee representatives planned |
| Bavaria (Taufkirchen an der Vils) | Himolla – job cuts in self-administered insolvency (previously 714 jobs) | Furniture | – | −175 | Reported 6 Oct 2026; notices served end-Sep; about 540 jobs remain |
| Baden-Württemberg (Zuffenhausen, Weissach) and Saxony (Leipzig) | Porsche – 'Sportwagenschmiede ’35' strategy: workforce −25% in the medium term | Cars | – | – | 7 Oct 2026: −40% management posts; about 9,000 jobs go in total in Porsche's home region (dpa); no absolute figure for new target |
| North Rhine-Westphalia (Cologne) | Deutz – planned job cuts at main plant (according to insiders) | Engines / engineering | – | – | 6/7 Oct 2026: 130–200 jobs by end-2028, up to 300 in a worse case (Handelsblatt: up to 400); no comment |
| Saxony (Leipzig) | Covenant (US) – plant for 'Anthem' cruise missiles | Defence | – | – | Opened 5 Oct 2026 in a rented hall; production from 2027; up to 250 staff at first, later 'several hundred' (dpa); investment amount not stated |
| Saxony-Anhalt (Rogätz) and Saxony (Leppersdorf) | Theo Müller – closure of Homann sauce plant and Sachsenmilch cheese dairy | Food / dairy | – | −320 | Announced 6 Oct 2026; Leppersdorf by 31 Dec 2026, Rogätz end-Sep 2027 (about 160 jobs each) |
| Saxony-Anhalt (Bitterfeld-Wolfen) | Verbio – chemical plant for rapeseed-based feedstocks (just under EUR 100m) | Chemicals / bio-based | 100 | 50 | Started 6 Oct 2026; up to 60,000 t a year; about 130 staff at the site |
| Nationwide | VW/Cariad – restructuring of software unit (about 4,300 staff) | Cars / software | – | – | 6 Oct 2026: media report about 1,000 jobs to go; IG Metall and works council fear up to 1,600 affected |
| Thuringia (Erfurt) | X-Fab – 'Fab4Micro' chip fab (EUR 300–400m) | Semiconductors | 300 | 100 | Groundbreaking 5 Oct 2026; aid EUR 127.4m (federal 80.3 + state 47.1); production from end-2028 |
| Nationwide (HQ Düsseldorf, NRW) | Galeria – 4th insolvency filing (about 12,000 staff, 83 stores) | Retail | – | – | 5 Oct 2026: Düsseldorf court opens preliminary proceedings, administrator Frank Kebekus; stores open for now |
| Mecklenburg-W. Pomerania (Ueckermünde) | Breyden – iron foundry closure | Car supplier | – | −320 | Announced 3 Oct 2026; closure end-2026 |
| Saxony-Anhalt (Leuna) | Leuna-Polyamid – insolvency and shutdown | Chemicals | – | −440 | Proceedings opened 1 Oct 2026; most jobs end 31 Jan 2027 |
| Bavaria (Irlbach-Straßkirchen) | BMW – battery plant (Gen6) | Cars / batteries | 1,000 | 1,600 | Opened, series production reported 2 Oct 2026; jobs at full capacity |
| Bavaria (Munich, Dingolfing) | BMW – new 3 Series / i3 production (about half of EUR 2bn) | Cars | 1,000 | – | Announced 30 Sep 2026 |
| Baden-Württemberg, Hesse, Rhineland-Palatinate | Biontech – closure of Tübingen, Marburg, Idar-Oberstein | Pharma | – | −1,800 | Announced 28 Sep 2026; closures 2027–2028 |
| Bavaria (Nuremberg) | Bosch Mobility – half of jobs cut | Car supplier | – | −900 | Announced 28 Sep 2026; by end-2029 |
| Indicator | vs prior month (%) | vs year earlier (%) | Published |
|---|---|---|---|
| Inflation, September 2026 – preliminary (core 2.4%); final on 13 Oct | +0.6 % | +3.3 % | 30 Sep 2026 |
| Company insolvencies, July 2026 (2,373; highest July figure in 13 years) | – | +8.0 % | 9 Oct 2026 |
| Consumer insolvencies, July 2026 (7,111) | – | −5.9 % | 9 Oct 2026 |
| Exports, August 2026 (EUR 137.6bn) | −0.8 % | +6.2 % | 8 Oct 2026 |
| Imports, August 2026 (EUR 118.1bn) | +0.9 % | +5.5 % | 8 Oct 2026 |
| – exports to the US (EUR 13.5bn) | −6.3 % | +22.6 % | 8 Oct 2026 |
| – imports from China (EUR 16.8bn) | +11.0 % | – | 8 Oct 2026 |
| Industrial production, total, August 2026 | +2.0 % | +2.3 % | 7 Oct 2026 |
| – construction, August 2026 | +9.3 % | – | 7 Oct 2026 |
| – car industry, August 2026 | −5.4 % | – | 7 Oct 2026 |
| – machinery, August 2026 | +5.3 % | – | 7 Oct 2026 |
| – energy-intensive industry, August 2026 | −0.5 % | −2.1 % | 7 Oct 2026 |
| Industrial production, July 2026 (revised) | −1.2 % | −1.8 % | 7 Oct 2026 |
| Industrial orders, August 2026 | −10.6 % | – | 6 Oct 2026 |
| State | September 2026 (%) | September 2025 (%) | Unemployed (thousand) |
|---|---|---|---|
| Germany | 6.4 | 6.3 | 2,994.0 |
| Bavaria | 4.2 | – | – |
| Baden-Württemberg | 4.7 | 4.7 | 306.1 |
| North Rhine-Westphalia | 7.9 | 7.8 | 792.7 |
| Saxony-Anhalt | 8.0 | 7.8 | 88.0 |
| Berlin | 10.4 | 10.3 | 223.8 |
| Bremen | 11.2 | – | – |
For information only, not investment advice. Prices as of the time stated, not real-time quotes.
Sources
- Radio Hochstift – Claas investiert über 70 Mio. Euro in Erweiterung des Standorts Paderborn, mehr als 100 neue Stellen (11.10.2026, 10:02)
- Neue Westfälische – 70-Millionen-Investition: Claas baut sein Zukunftswerk in Paderborn (12.10.2026, 05:00)
- Berliner Kurier – Walzengießerei Coswig schließt: 170 Beschäftigte verlieren ihren Job (11.10.2026, 08:00)
- Destatis via finanznachrichten/news aktuell – Veröffentlichungstermine 12.–16.10.2026 (9.10.2026)
- Destatis – Inflationsrate im September 2026 voraussichtlich +3,3 % (30.9.2026)
- finanzen.net/dpa-AFX – Wochenvorschau: Termine bis 23. Oktober 2026 (9.10.2026)
- finanznachrichten/dpa-AFX – Überblick Unternehmen: Die wichtigsten Meldungen vom Wochenende (11.10.2026)
- Berliner Zeitung – GSK-Schließung in Dresden: Landesregierung und Gewerkschaften kämpfen um Werk, 641 Jobs (8.10.2026)
- Deutsches Ärzteblatt – GSK will Impfstoffwerk Dresden schließen (10.9.2026)
- Schwäbische Post – Zeiss Meditec gibt erste Details zum Stellenabbau bekannt (8.10.2026)
- t-online – Insolvenz: Deutsche Porzellanmanufaktur nach 182 Jahren vor dem Aus (Kahla, 7./8.10.2026)
- Berliner Zeitung – Keine Rettung für Kahla (7.10.2026)
- nnz-online – Waggon-Werkstatt in Woffleben wird dicht gemacht (5.10.2026)
- Brandenburg live / Stadt Brandenburg an der Havel – Schließung von INVEHO BRB zum 31.12.2026 (rund 80 Beschäftigte)
- Nordkurier – Offshore-Zulieferer streicht 100 Jobs (EEW Rostock, 6./7.10.2026)
- hessenschau – Automobil-Zulieferer OPmobility vor dem Aus in Sinntal (9.10.2026)
- Werra-Rundschau – OPmobility will hessischen Standort schließen: 460 Beschäftigte (11.10.2026)
- t-online/dpa – US-Waffenfirma Covenant eröffnet Werk in Leipzig (5./6.10.2026)
- Handelsblatt – Leipzig wird zum weltweit größten Standort einer US-Rüstungsfirma (6.10.2026)
- EUWID – Himolla to cut 175 jobs and end final assembly in Taufkirchen (7.10.2026)
- onvista/dpa – Firmenpleiten steigen auch im Juli spürbar (9.10.2026)
- Deutsche Apotheker Zeitung – Kretschmer sichert GSK-Beschäftigten Unterstützung zu (9.10.2026)
- IG Metall Ludwigsburg – Nidec plant Produktionsschließung in Bietigheim-Bissingen (6.10.2026)
- Diebewertung – 116 Arbeitsplätze vor dem Aus (Nidec, 9.10.2026)
- Destatis – Unternehmensinsolvenzen im Juli 2026: +8,0 % gegenüber Juli 2025 (9.10.2026)
- finanzen.net/dpa-AFX – Überblick Konjunktur 9.10.2026, 17.00 Uhr
- finanzen.net/dpa-AFX – Überblick Unternehmen 9.10.2026, 15.15 Uhr
- Münster Aktuell – Kahla gibt Porzellanproduktion auf (7.10.2026)
- Leuna-Echo – Aurora verdoppelt Produktion in Leuna (9.10.2026)
- Münster Aktuell – OPmobility plant Abbau von rund 770 Stellen (7.10.2026)
- Münster Aktuell – Himolla baut 175 Stellen ab (6.10.2026)
- Destatis – Exporte im August 2026: −0,8 % zum Juli 2026 (8.10.2026)
- finanzen.net/dpa-AFX – Überblick Konjunktur 8.10.2026, 17.00 Uhr (Exporte, Wachstumsprognose 1,3 %)
- onvista/dpa-AFX – Überblick Unternehmen 8.10.2026, 15.15 Uhr
- Porsche Newsroom – Strategie bis 2035 / Capital Markets Day (7.10.2026)
- AUTOHAUS/dpa – Sportwagenschmiede ’35 (7.10.2026)
- Wirtschaft und Industrie – Deutz streicht bis zu 300 Stellen (7.10.2026)
- onvista/dpa-AFX – Überblick Unternehmen 7.10.2026, 15.15 Uhr
- Nordbayerischer Kurier/dpa – US-Rüstungsunternehmen öffnet Standort in Leipzig (5.10.2026)
- Destatis – Produktion im August 2026: +2,0 % zum Vormonat (7.10.2026)
- ARIVA/dpa-AFX – Überblick Konjunktur 7.10.2026, 17.00 Uhr
- finanznachrichten/dpa-AFX – Theo Müller schließt Werke in Sachsen-Anhalt und Sachsen (6.10.2026)
- Handelsblatt – Theo Müller schließt zwei Werke (6.10.2026)
- ms-aktuell – Müller schließt Homann-Werk und Käserei (6.10.2026)
- onvista/dpa-AFX – Verbio startet neue Chemieanlage (6.10.2026)
- 320grad – Verbio Bitterfeld (6.10.2026)
- finanzen.net/dpa-AFX – ROUNDUP: Deutz möchte Personal am Stammwerk abbauen (7.10.2026)
- Handelsblatt – Deutz baut laut Insidern bis zu 400 Stellen ab (6.10.2026)
- Wetterauer Zeitung – Cariad-Umbau betrifft 1600 Mitarbeiter (6.10.2026)
- ms-aktuell – VW ordnet Cariad neu (7.10.2026)
- Destatis – Auftragseingang August 2026: -10,6 % (6.10.2026)
- finanzen.net/dpa-AFX – Überblick Unternehmen 6.10.2026, 15.15 Uhr
- ad-hoc-news – Fab4Micro: X-Fab investiert bis zu 400 Mio. Euro, Spatenstich (5.10.2026)
- Oiger – X-Fab baut Chipstandort Erfurt aus (5.10.2026)
- it-boltwise – X-Fab legt Grundstein in Erfurt (5.10.2026)
- ariva – Galeria-Insolvenzantrag vom Gericht zugelassen (5.10.2026)
- ms-aktuell – Galeria bekommt Insolvenzverwalter (5.10.2026)
- t-online – 320 Jobs weg: Autozulieferer macht Werk dicht (Breyden Ueckermünde, 5.10.2026)
- Handelsblatt – Galeria beantragt zum vierten Mal Insolvenz (2.10.2026)
- ZDFheute – Galeria Insolvenzantrag (2.10.2026)
- onvista/dpa-AFX – WDH/ROUNDUP 6: Galeria stellt abermals Insolvenzantrag (4.10.2026)
- onvista/dpa – Neue Chipfabrik in Thüringen (X-Fab Erfurt, 5.10.2026)
- t-online/dpa – X-Fab Chipfabrik Erfurt (4.10.2026)
- RNZ/dpa – X-Fab Erfurt (4.10.2026)
- Nordkurier – Eisengießerei Ueckermünde schließt (3.10.2026)
- ms-aktuell – Gießerei Ueckermünde (3.10.2026)
- Berliner Kurier – Leuna-Polyamid insolvent (2.10.2026)
- t-online – Leuna-Polyamid, Kosten für das Land (2.10.2026)
- BIAJ – Ländervergleich Arbeitslose September 2026
- Land Baden-Württemberg – Arbeitsmarkt September 2026 (30.9.2026)
- Supertipp/dpa – Arbeitslose NRW September 2026 (30.9.2026)
- Volksstimme/dpa – Sachsen-Anhalt September 2026
- Volksstimme/dpa – Berlin September 2026 (30.9.2026)
- electrive – BMW Batteriewerk Irlbach-Straßkirchen (2.10.2026)
- BMW Group PressClub – rund 2 Mrd. Euro für neuen 3er (30.9.2026)
- BMWBlog – Aufteilung 2 Mrd. Euro (30.9.2026)
- ZDFheute – Biontech schließt drei Werke (28.9.2026)
- inFranken – Bosch Nürnberg (28.9.2026)
- ZDFheute – Arbeitslosenzahlen September 2026 (30.9.2026)
- Bundesagentur für Arbeit – Arbeitsmarkt im September 2026
