Business expansion
Severozapad; Ustecky;
Location of affected unit(s)
ÂŽatec (industrial zone Triangle)
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

12,000 jobs
Number of planned job creations
Job creation
Announcement Date
31 May 2006
Employment effect (start)
1 January 2007
Foreseen end date
31 May 2011


IPS Alpha, consortium of three Japanese firms (Hitachi, Panasonic and Toshiba), is to establish a new manufacturing site in the Czech Republic to produce LCD TV sets. Production of the new plant with investment of 2.6 billion CZK, located in ÂŽatec (industrial zone Triangle), is to be launched at the beginning of 2007 and to create about 2,000 jobs. Besides the joint venture, three Japanese investors consider to build their own manufacturing sites with the LCD TV production. The overall number of people to be employed could thus reach 12,000 within five years. This huge business expansion is seen as a very profitable investment in the region where more than 30,000 people are unemployed.


  • 31 May 2006: Hospodárske noviny


Eurofound (2006), IPS Alpha, Business expansion in Czechia, factsheet number 63563, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63563.