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The company did not sign an accord to enforce stricter labor rules in Bangladesh by a deadline set by the school
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Optics company Jenoptik (JENG.DE) has its origins in a Jena microscope laboratory started in the late 19th century. The company has emerged from a traumatic past that included being split up by the U.S. and Soviet governments after World War II. In 1990 a German government privatization agency carved out Jenoptik from the eastern company's operations. By 1998, Jenoptik was listed on the Frankfurt stock exchange. It now produces specialized lasers, sensors, and other technology used for everything from semiconductor production to hair removal and space exploration. Sales last year hit €548.3 million ($818.3 million at current rates).