Type
Business expansion
Country
Czechia
Region
Stredni Cechy; Stredocesky;
Location of affected unit(s)
Mladá Boleslav
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

1,000 jobs
Number of planned job creations
Job creation
Announcement Date
6 August 2010
Employment effect (start)
2 August 2010
Foreseen end date
30 September 2010

Description

The largest Czech car manufacturer Škoda Auto has announced its plan to employ over 1,000 new agency workers by the end of September 2010 due to increasing demand for cars (Superb, Yeti). Škoda Auto currently employs a total of 24,390 workers (including 1,960 agency workers).The company´s result for the first half of 2010 shows a new record in sales and also growth in profits. In the first half of 2010, Škoda Auto revenues increased to CZK 109.7 billion (+22.3%).


Sources

  • 6 August 2010: Hospodárske noviny

Citation

Eurofound (2010), Å koda Auto, Business expansion in Czechia, factsheet number 70787, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70787.