Moser Baer India

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Moser Baer India

logo
legal form Limited (Public Company (India))
founding 1983
Seat New Delhi
Number of employees over 8000
Branch magnetic, optical and electronic components
Website http://moserbaer.com

Moser Baer India was an Indian manufacturer of storage media and solar cells with corporate headquarters in New Delhi and offices in Mumbai , Kolkata , and Bengaluru as well as in the Netherlands , the USA , Japan and the Middle East . The production lines were located in Noida .

There were, among others, floppy disks , CD-R , CD-RW , DVD + R , DVD + RW and DVD-R made. Moser Baer was a member of the Blu-ray Disc Association.

Moser Baer was listed on the Bombay Stock Exchange . Moser Baer has received several awards in recent years, including the "BEST OF ALL Award for Rajiv Gandhi National Quality Award 2005" and the "Electronics Organization of the Year Award 2005".

history

The company was founded in 1983 as a subsidiary of the Swiss watch manufacturer Mobatime and the Japanese company Maruzen for the production of time clocks and has been producing storage media since 1986. At the same time, the Puri entrepreneurial family took over the Swiss shares.

While the business area originally mainly comprised magnetic floppy disks , since 1999 MBI has also manufactured optical storage media.

The company filed for bankruptcy in 2016 and announced its liquidation on September 20, 2018 .

OEM / ODM production

Many manufacturers, such as Fujifilm , imation (formerly 3M), Primeon , Sony , TDK and Verbatim purchase goods from Moser Baer. This makes Moser Baer the third largest storage media manufacturer in the world. Moser Baer has five factories and employs more than 4,500 people, the sales of 12.8 billion in fiscal 2004 to 2,005 rupees generated and a profit of 607.23 million rupees.

Moser-Baer plant in Germany

In 2001 the company announced that it wanted to build and operate a CD factory in Thuringia . It was to become the only and central production site in Europe. Construction on the 100 million euro investment should start in 2004. After several postponements, Moser Baer finally canceled the project in 2005. The reason is the difficult sales situation for CDs and DVDs for the foreseeable future.

The EU had already provided aid of 35 million euros for the planned plant in Thuringia with a planned 260 jobs. The federal government and the state of Thuringia had promised a guarantee.

110 production lines of the former TDK factory in Luxembourg and the former CSI company were bought by Moser Baer India, which led to the assumption that a new Moser Baer factory in Europe would be likely again in the foreseeable future.

Web links

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  1. http://www.ifc.org/ifcext/spiwebsite1.nsf/1ca07340e47a35cd85256efb00700cee/B56BEFD995CBE6C7852568B00063CDB4
  2. https://www.moneycontrol.com/stocks/reports/moser-baer-india-corporate-insolvency-resolution-process-cirpliquidation-corporate-insolvency-resolution-process-cirp-12786581.html
  3. http://www.opticaldisc-systems.com/May-June2006/europemarket-40.htm  ( page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / www.opticaldisc-systems.com