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
125 jobs Number of planned job creations
Announcement Date
10 January 2011
Employment effect (start)
31 January 2011
Foreseen end date
1 January 2012
Description
Shape Corporation, the automotive bumper manufacturer, is to open its first European plant in Pilsen and there it will create 125 new jobs. The first production line will begin operating in January 2011 and the plant will be fully operational by January 2012. Shape Corporation has chosen the Czech Republic for this investment due to the country's location in the heart of Europe and the abundance of workers with experience in the car manufacturing industry. Production capacity of the new facility will be approximately 4 million parts a year.
Sources
10 January 2011: CzechInvest
Citation
Eurofound (2011), Shape Corporation, Business expansion in Czechia, factsheet number 71420, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71420.
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