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 29.32 - Manufacture of other parts and accessories for motor vehicles
300 jobs Number of planned job creations
Announcement Date
29 January 2016
Employment effect (start)
1 September 2016
Foreseen end date
Description
MEGATECH Industries, Austrian manufacturer of plastic automotive parts, is to expand its business in the Czech Republic and create up to 300 new jobs with the opening a new plant near the city of Brno in September 2016.
The company currently operates two Czech sites (Hlinsko, Jablonec nad Nisou) and employs a total of 800 people there.
Megatech Industries is a leading European supplier of plastic parts for cars and trucks. Last year, its sales exceeded CZK 3.2 billion (EUR 118Â million)
Sources
29 January 2016: Hospodárske noviny
Citation
Eurofound (2016), MEGATECH Industries, Business expansion in Czechia, factsheet number 86337, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86337.
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