Type
Business expansion
Country
Czechia
Region
Moravskoslezsko; Moravskoslezsky;
Location of affected unit(s)
Ostrava
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

100 jobs
Number of planned job creations
Job creation
Announcement Date
24 September 2010
Employment effect (start)
Foreseen end date
31 December 2010

Description

Tieto, a Finland-based IT service company, has announced its plan to expand its Ostrava site and to create 100 new jobs by the end of 2010.The Czech site, providing outcourcing, development and consulting services for Czech and namely for foreign customers, currently employs around 1,900 people. According to Hannu Syrjälä, President and CEO of Tieto, the firm aims to employ up to 40 percent of the staff in "low cost countries".

On 13 October 2010, the firm announced its plan to employ a further 500 workers in the long run.With around 17,000 experts, Tieto is the leading IT service company in Northern Europe and the global leader in selected segments.


Sources

  • 13 October 2010: Hospodárske noviny
  • 24 September 2010: MF Dnes

Citation

Eurofound (2010), Tieto, Business expansion in Czechia, factsheet number 71033, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71033.