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
150 jobs Number of planned job creations
Announcement Date
2 June 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
Futaba Czech, the Czech subsidiary of the global leading pressed automotive parts manufacturer from Japan, opened on 1 June 2005 a new plant in BaštÃnov, industrial zone of the city HavlÃÄkův Brod. The first Futaba business expansion in continental Europe with a total investment of more than 2 billion CZK will increase the current staff of 300 to 450 people by the end of 2005. After Germany, Japan is the second largest foreign investor in the Czech Republic.
Sources
2 June 2005: Hospodárske noviny
2 June 2005: Lidové Noviny
Citation
Eurofound (2005), Futaba Czech, Business expansion in Czechia, factsheet number 61690, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61690.
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