Restructuring events
European Restructuring Monitor (ERM)
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.
Kiekert-CS , a limited liability company, was established in 1993 as a subsidiary of a German company Kiekert AG — an important automotive parts producer of locking and latching systems. Kiekert-CS is going to double its present production capacity and to build a new car locks plant in Přelouč with investment of CZK 600 million. The business expansion, profiting from a high quality of labour force in the Czech Republic, will create up to 1,100 new jobs. Currently the company employs 1,300 people. The construction will start in May 2005 and the production is to be launched in the beginning of 2006.
Eurofound (2005), Kiekert-CS, Business expansion in Czechia, factsheet number 61374, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61374.