Type
Business expansion
Country
Czechia
Region
Stredni Morava; Zlinsky;
Location of affected unit(s)
Otrokovice
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Rubber And Plastic Products
22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres

290 jobs
Number of planned job creations
Job creation
Announcement Date
13 September 2013
Employment effect (start)
14 September 2013
Foreseen end date

Description

Continental Barum, a Czech traditional tyre producer, is to create over 290 new jobs and to invest nearly CZK 2.5 billion in order to expand the production at its facility located in Otrokovice. 

Since 1992, the company has been part of the German Group Continental AG.

Updated, 24/06/2014: A total of 360 new jobs have been announced.


Sources

  • 13 September 2013: Týden
  • 24 June 2014: Hospodárske noviny

Citation

Eurofound (2013), Continental Barum, Business expansion in Czechia, factsheet number 75877, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75877.