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 (32) Other manufacturing 32.9 - Manufacturing n.e.c. 32.99 - Other manufacturing n.e.c.
250 jobs Number of planned job creations
Announcement Date
19 April 2016
Employment effect (start)
Foreseen end date
31 December 2016
Description
Sellier & Bellot, a firearms ammunition manufacturer, starts recruiting up to 250 new employees. Job creation is associated with the construction of a new manufacturing hall to be completed in June/December 2016 with an investment of CZK 2 bilion (EUR 74 million). Company's sales are expected to grow from CZK 3.5 billion last year up to CZK 4 billion (EUR 148 million) this year. However, drop in business may arise due to the EU directive restricting the possession of firearms.
Sellier & Bellot, a subsidiary of the Brazilian company CBC, currently employs 1,505 people in the Vlašim site.
Sources
Citation
Eurofound (2016), Sellier & Bellot, Business expansion in Czechia, factsheet number 87442, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87442.
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