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
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 Veselà 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 Veselà nad Moravou site. It is expected that the new jobs will provide opportunities for the 300 workers in Veselà 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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65835.
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