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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
1,500 jobs Number of planned job creations
Announcement Date
5 December 2006
Employment effect (start)
Foreseen end date
30 September 2007
Description
By the end of September 2007, the Siemens Group in the Czech Republic will have employed more than 1,500 new people. Currently, there are almost 16,000 employees working for Siemens in the Czech Republic. The expansion of staff will affect most of the production facilities in the country. Siemens resumed its subsidiary in the Czech Republic in 1990. In the fiscal year 2005/2006, the Siemens Czech Republic reported turnover of almost CZK 58.6 billion. The key segments of Siemens´ activities in the Czech Republic include Automation and Control, Transportation, Energy, Information and Communication, Lighting and Healthcare.
Sources
5 December 2006: Hospodárske noviny
Citation
Eurofound (2006), Siemens Czech Republic, Business expansion in Czechia, factsheet number 64587, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64587.
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