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Thursday, 01/22/2009 8:50:26 AM

Thursday, January 22, 2009 8:50:26 AM

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DDP announcement from the 22.01.2009, 13:28 o'clockDDP-Meldung vom 22.01.2009, 13:28 Uhr

No debate on Qimonda help in the LandtagKeine Debatte über Qimonda-Hilfe im Landtag

Dresden (ddp-lsc). CDU and SPD in the Landtag have taken on Thursday her application to the Befassung with the financially groggy chip manufacturer Qimonda at short notice from the agenda of the plenary sitting. Reasons for this back drawing were not called. According to ddp information both groups corresponded with it to the wish of Minister for Economic Affairs Thomas Jurk (SPD). Originally the Landtag should deal with «activities of the state government to the preservation of the IT location Dresden under special consideration of the preservation of the jobs».Dresden (ddp-lsc).

The state government tries hard currently to come to an agreement with Qimonda as quickly as possible about a loan contract. According to a report of the «Saxon newspaper appearing in Dresden» (Thursday issue) had brought a meeting in the Office of the Federal Chancellor on Wednesday no breakthrough in the rigid negotiations.

With reference to government circles one further said that the majority fisherman Infineon must still unearth 700 million euros to finance, among the rest, the rebuilding of the Dresden Qimonda factory. Circles of the Saxon CDU would see an alternative to the up to now discussed auxiliary package in the 100-milliard-euros Germany fund where Qimonda help could apply, write the sheet further.

After the solution model announced shortly before Christmas there should be about an investment bank of Portugal 100 million euros, from Infineon 75 million euros and from Saxony 150 million euros to finance a company means advance at the rate of 325 million euros. Originally Saxony of Infineon had also required 150 million euros as well as the construction of 480 new Dresden Qimonda jobs.

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Qimonda needs other 300 million eurosQimonda braucht weitere 300 Millionen Euro


The Infineon daughter Qimonda needs even more fresh money to the survival. Only shortly before Christmas Saxony, Portugal and the mother's group of Infineon had promised a rescue package more than 325 million euros.

BERLIN HB. Qimonda has informed during the negotiations about state guarantees that there are at short notice additional financial requirements of 300 million euros, the German press agency DPA learnt on Thursday from financial circles.

Only shortly before Christmas Saxony, Portugal and the mother's group of Infineon had promised a rescue package more than 325 million euros. Since then it is negotiated about the details of the loan contract. The chip manufacturer Qimonda needs all together, however, more than 600 million euros for which above all the state should vouch, one said in the circles.

The group with locations in Dresden, Munich and postage suffers for a long time from the dramatic dramatic drop in prices with Dram-memory chips and the competition from the Far East. Alliance, Saxony, Bavaria and Infineon consult currently on the tapering to a point situation. An insolvency of Qimonda would be able to do serious results for the big solid-state location Dresden

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