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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
5,000 jobs Number of planned job creations
Announcement Date
10 April 2007
Employment effect (start)
30 April 2008
Foreseen end date
Description
Foxconn from Taiwan, a global leader in the design, manufacture and distribution of advanced electronics and computer components, has decided to build its second plant in the Czech Republic in the Kutná Hora city. The plant, focused on the production of LCD monitors and computer components, will create up to 5,000 new jobs. The construction is expected to be finished within one year. The investment will cost up to 100 million USD.
Sources
10 April 2007: Hospodárske noviny
Citation
Eurofound (2007), Foxconn, Business expansion in Czechia, factsheet number 65212, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65212.
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