The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
3,000 jobs Number of planned job creations
Announcement Date
22 January 2005
Employment effect (start)
Foreseen end date
30 June 2006
Description
Toyota Motor Manufacturing Poland is to begin the production of automatic gear boxes and engines for Toyota Aygo, Peugeot 107 and Citröen C1. The cars will be produced in Kolin, Czech Republic.
Due to the development of Polish factories, the Toyota management decided, in Autumn 2005, to increase employment. In Wałbrzych, the Toyota Motor Manufacturing Poland (TMMP) will employ a total of 2,000 people, instead of the initial number of 700.
As of February 2007 Toyota has invested 600 million euro and employed 3,000 people.
Eurofound (2005), Toyota Motor Manufacturing Poland, Business expansion in Poland, factsheet number 61041, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61041.
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