Type
Business expansion
Country
Czechia
Region
Stredni Cechy; Stredocesky;
Location of affected unit(s)
Hostivice
Sector
Retail
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Wholesale Of Household Goods
46.46 - Wholesale of pharmaceutical goods

400 jobs
Number of planned job creations
Job creation
Announcement Date
25 April 2012
Employment effect (start)
25 April 2012
Foreseen end date
31 December 2013

Description

Orifarm, a European supplier of pharmaceuticals and generic drugs, is to create up to 400 new jobs by the end of 2013. In order to adjust the cost level and strengthen the competitiveness Orifarm decided to move the production from Denmark and Germany (see related fact sheet) to the Czech site (Hostivice near Prague) which was opened on 24 April 2012.

It is reported that the company has decided to move to the Czech Republic because of its favourable location in the centre of Europe, the availability of skilled workforce and the lower labour costs. 


Sources

  • 25 April 2012: Hospod√°rske noviny

Citation

Eurofound (2012), Orifarm, Business expansion in Czechia, factsheet number 73517, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73517.