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 Of Wood And Paper Materials Manufacture Of Paper And Paper Products 17.12 - Manufacture of paper and paperboard
200 jobs Number of planned job creations
Announcement Date
28 February 2005
Employment effect (start)
1 April 2005
Foreseen end date
1 April 2006
Description
The Czech company Branaldi, operating in the market of paper and cardboard covers, decoration and other atypical paper products, is going to build a new plant in Paprsek, industrial zone of the city Svitavy. The construction with a total investment of about 30 millions CZK will start in the second quarter of 2005. The new factory, whose production is to be launched in spring 2006, will employ up to 200 workers.
Sources
28 February 2005: Hospodárske noviny
Citation
Eurofound (2005), Branaldi, Business expansion in Czechia, factsheet number 61226, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61226.
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