Type
Business expansion
Country
Czechia
Region
Severozapad; Ustecky;
Location of affected unit(s)
NA
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

300 jobs
Number of planned job creations
Job creation
Announcement Date
19 October 2005
Employment effect (start)
Foreseen end date
31 December 2008

Description

Japanese giant Kyocera Corporation, one of the biggest producers of solar panels in the world, opened its new plant in Kadaň near the city Chomutov. The company invested nearly 200 million CZK into construction and technology and will hire up to 300 people by 2008. Japan is the second most significant investor in the Czech Republic, after Germany. The size of investment has already exceeded €2.5 billion.


Sources

Citation

Eurofound (2005), Kyocera Corporation, Business expansion in Czechia, factsheet number 62437, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62437.