Osram Stock Plunges on German Plant Closure – Key Facts & Forecast
Ams OSRAM will close its Schwabmünchen factory in Bavaria by December 2027, ending 62 years of operations and cutting about 270 jobs. The company cited falling orders, cost pressure from Asian rivals, and a failed sale attempt. Shares trade near CHF 11.76, close to the 52-week high, with analysts forecasting a 10% drop. Local leaders and unions condemned the closure, calling it a major blow to the community.
