Meyer Burger has sealed the final end of its location in Freiberg, Saxony. More than 400 people will lose their jobs as a result.

The company posted a significant loss last year, citing strong competition from cheap solar modules from China as the reason. The others were offered contracts in other companies in the Swiss group. The future of the FreiberG location was dependent on support from the Finance Minister Christian Lindner (FDP)'s rejection of the so-called resilience bonus.