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.
Wholesale / Retail 47 - Retail trade 47.8 - Retail sale of motor vehicles, motorcycles and related parts and accessories 47.8 - Retail sale of motor vehicles, motorcycles and related parts and accessories
200 jobs Number of planned job creations
Announcement Date
27 August 2010
Employment effect (start)
1 January 2010
Foreseen end date
30 June 2010
Description
AAA Auto, one of the largest used car salers in Europe, has announced that it has created 200 jobs in the first six months of 2010. The company, operating in the Czech Republic and Slovakia, reported that it reported sunstantial profits despite the decline in sales. The consolidated net profit of the Group recorded for the first six months of 2010 reached EUR 2.3 million (+232%).
Sources
27 August 2010: Lidové Noviny
Citation
Eurofound (2010), AAA Auto, Business expansion in Czechia, factsheet number 70842, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70842.