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
300 jobs Number of planned job creations
Announcement Date
27 June 2006
Employment effect (start)
31 December 2007
Foreseen end date
Description
The German-owned company Fränkische CZ is going to build a new manufacturing facility in industrial zone of OkřÚky that belongs to the TÅ™ebÃÄ district. This district has the highest unemployment rate in the VysoÄina region. The production of the plant, focusing on automotive parts and parts for domestic appliances, is scheduled to be launched at the end of 2007 and to employ around 300 people. Presently, the company employs about 130 workers in the Czech Republic at its site in Jihlava.
Sources
27 June 2006: Hospodárske noviny
Citation
Eurofound (2006), Fränkische CZ, Business expansion in Czechia, factsheet number 63694, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63694.
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