Type
Business expansion
Country
Czechia
Region
Jihozapad; Jihocesky;
Location of affected unit(s)
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Other Manufacturing
32 - Other manufacturing

250 jobs
Number of planned job creations
Job creation
Announcement Date
8 February 2005
Employment effect (start)
Foreseen end date

Description

The German Schwan-Stabilo Group is planning to create a further 200 jobs at Schwan Cosmetics CR in Český Krumlov, a Czech subsidiary producing cosmetic pencils. The factory was opened in October 2004 and currently employs more than 200 workers. The overall number of 400-450 jobs are to be relocated by 2008 from Germany to the Czech Republic because of lower production costs.


Sources

  • 8 February 2005: Hospodárske noviny

Citation

Eurofound (2005), Schwan Cosmetics CR, Business expansion in Czechia, factsheet number 61116, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61116.