Financial expert advocates preserving the Goodyear tire factory in Fürstenwalde in order to secure 750 jobs and prevent damage to affected families.

Financial expert advocates preserving the Goodyear tire factory in Fürstenwalde in order to secure 750 jobs and prevent damage to affected families.

How www.stern.de reports, Brandenburg's Economics Minister Jörg Steinbach wants to prevent the closure of the Goodyear tire factory in Fürstenwalde. The company plans to stop production in four years and cut 750 jobs. Steinbach has announced that he will personally approach management to prevent damage to the affected employees and their families. He has already sent a list of questions about the economic situation to the management in order to get an idea of ​​the situation. It was also announced that a small part of the Fürstenwalde site would be retained to produce rubber compounds and supply them to other Goodyear plants in Europe.

Factor-based information for analysts:
1. The closure of the tire factory and the associated job losses have the potential to severely impact the local economy in Fürstenwalde.
2. The planned reduction of 750 jobs would lead to increased unemployment in the region, which in turn could reduce the purchasing power of residents.
3. Preserving part of the site for the production of rubber compounds could mitigate the negative effects of the closure and secure some jobs in the region.

In summary, the closure of the tire factory in Fürstenwalde could have a significant impact on the local economy and the employment situation. It is important to closely monitor developments on this matter as it could potentially have far-reaching consequences for the market and financial industry in the region.