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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
100 jobs Number of planned job creations
Announcement Date
3 December 2007
Employment effect (start)
Foreseen end date
31 December 2009
Description
Ammann Czech Republic, a firm that produces road rollers, has announced that it is to create 100 new jobs at its site in Nové Město nad Metují by the end of 2009. The firm currently employs 700 at the site. The firm will also invest approximately 500 million CZK in the modernization of its plant, and has stated that it wishes to increase its annual output from 900 units to 3000 units by 2009. The firm exports 95 per cent of its produce.
Sources
3 December 2007: Hospodárske noviny
Citation
Eurofound (2007), Ammann Czech Republic, Business expansion in Czechia, factsheet number 66073, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66073.
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