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
150 jobs Number of planned job creations
Announcement Date
27 June 2011
Employment effect (start)
31 March 2012
Foreseen end date
Description
Deachang Seat, a South Korea-based automotive parts provider, plans to create 150 new jobs in Třinec city. The company wants to invest between 7 and 8 million EUR for the construction of a new manufacturing site producing iron seat frames. Production will be launched in the first quarter of 2012.
The company was founded in 1979 and has started operations in the Czech Republic three years ago. Deachang Seat now operates in Hrabova industrial zone of the Ostrava city where it employs some 250 people. Final number of staff at the Třinec plant is expected to be up to 500 over next 3 to 4 years.
Sources
27 June 2011: Hospodárske noviny
Citation
Eurofound (2011), Deachang Seat, Business expansion in Czechia, factsheet number 72120, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72120.
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