Type
Business expansion
Country
Czechia
Region
Severovychod;
Location of affected unit(s)
Dvůr Králové nad Labem
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13.96 - Manufacture of other technical and industrial textiles

200 jobs
Number of planned job creations
Job creation
Announcement Date
14 October 2014
Employment effect (start)
14 October 2014
Foreseen end date
31 December 2015

Description

Juta, the Czech biggest manufacturer of industrial textiles, is to create 200 new jobs and to invest at least CZK 1 billion (EUR 36.3 million) during 2014-2015. Juta operates 14 plants in the Czech Republic and employs about 2,100 people. The majority of company´s personnel are employed in the region (6 plants are situated in the city of Dvůr Králové nad Labem which houses the headquarters).

Juta's key products are technical textiles for agriculture and construction. The company exports 85% of its production to 64 countries worldwide, with the largest market in Western Europe, and expects to reach revenues of around CZK 7bn in 2014


Sources

  • 14 October 2014: Finanční noviny

Citation

Eurofound (2014), Juta, Business expansion in Czechia, factsheet number 77726, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77726.