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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
250 jobs Number of planned job creations
Announcement Date
24 September 2007
Employment effect (start)
24 September 2007
Foreseen end date
Description
Stival Automotive, a Czech firm that produces seats for cars, is to create 250 new jobs at its site in Veselí nad Moravou. The site currently employs 70. The creation of the new jobs follows the firm winning a seven-year contract with automobile producer Land Rover that will lead to a 30 million CZK investment in new machinery at the Veselí nad Moravou site. It is expected that the new jobs will provide opportunities for the 300 workers in Veselí nad Moravou that were made redundant by footwear producer Gastrolux in May 2007.
Sources
24 September 2007: Hospodárske noviny
Citation
Eurofound (2007), Stival Automotive, Business expansion in Czechia, factsheet number 65835, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65835.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...