due to a decline in the price pressure on failing solar technology group, SMA Solar sweeps more than ten percent of its total of around 3300, and there are locations in China. The goal is to reduce the concentration on the core business, the outsourcing and automation of activities and the transformation of the structures of the fixed costs, said the company’s boss Jürgen Reinert on Wednesday. “The removal of the world etwa425 full-time positions is, unfortunately, unavoidable.”

This should go up to 2020 in a socially responsible manner. 100 of the 425 full-time jobs fell in Germany. In China, the task of the sites and the sale of the Chinese subsidiaries to the local Management were also provided.

The Board of Directors reaffirmed its recently for the umpteenth Time, reduced full-year forecast, which foresees a turnover of between 760 and 780 million euros and an operating loss (Ebitda) in the mid to upper double-digit million Euro range. For 2019 SMA sales growth and the return to the profit zone seeks to.