Company detailsCompany name: Siteco Beleuchtungstechnik GmbHGroup name: Osram Licht AGCompany country: GermanyGroup home country: GermanyNumber of employees: 1100Sector: C - ManufacturingSector detail: C27 - Manufacture of electrical equipmentSub-sectors: C27.4.0 - Manufacture of electric lighting equipment Reshoring detailsReshoring announcement date: 24/01/2018Starting implementation date: January, 2018End of Implementation : June, 2018Reshored to: GermanyLocation of affected unit(s): TraunreutLocation code: DE21MReshored business function: ProductionReshoring governance mode: In house (in own facilities)Reasons for reshoring: Proximity to suppliersCase narrative: Siteco is a German company belonging to the Osram Group producing indoor and outdoor lighting. In 2018, it decided to implement a reorganization of the production network to simplify and optimize organizational processes. Within this project, it was decided to concentrate by mid-2018 the luminaire production in the German site of Traunreut; therefore, this product line was back-shored from the Slovak plant in Nové Zámky. The foreign plant will continue to manufacture light for the automotive industry. Sources: Chiemgau24.de 24/01/2018 Passauer Neue Presse 24/01/2018 Sources link: https://www.chiemgau24.de/chiemgau/traunstein/traunreut-ort47574/siteco-... https://www.pnp.de/lokales/landkreis_traunstein/2810523_Lichtblick-bei-S... Offshoring detailsOffshoring location: SlovakiaOffshored business function: ProductionOffshoring governance mode: In house (in own facilities)