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 (10 - 11) Manufacture of food and beverage 10.6 - Manufacture of grain mill products, starches and starch products 10.61 - Manufacture of grain mill products
200 jobs Number of planned job creations
Announcement Date
23 May 2014
Employment effect (start)
23 May 2014
Foreseen end date
Description
Czech food company Emco opened a new factory in Hrdly near the city of Litomerice and is to recruit 200 workers. With an investment reaching CZK 260 million, the plant will produce cereals, oatmeal's cookies and bars. Emco currently operates four manufacturing sites in the Czech Republic.
On the domestic market, Emco is the leading food company in the category of oatmeal, muesli. The firm exports nearly 40% of its products to 45 countries.
Sources
23 May 2014: Hospodárske noviny
Citation
Eurofound (2014), Emco, Business expansion in Czechia, factsheet number 77081, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77081.
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