Type
Merger/Acquisition
Country
Czechia
Region
Severovychod; Liberecky;
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys

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

Description

Česká železářská společnost (Czech iron-making company) has purchased a foundry site in Liberec from a bankrupt company Slévárny Liberec at a price of 30 million CZK and has started to hire employees from the former site owner. The new company wants to create about 250 jobs in the first stage.


Sources

  • 2 March 2005: Hospodárske noviny

Citation

Eurofound (2005), Česká železářská společnost, Merger/Acquisition in Czechia, factsheet number 61229, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61229.