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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.99 - Manufacture of other special-purpose machinery n.e.c.
200 jobs Number of planned job creations
Announcement Date
20 May 2016
Employment effect (start)
1 June 2016
Foreseen end date
1 June 2018
Description
Edwards, a British manufacturer of vacuum equipment, plans to create up to 200 new jobs at its Brno site over the coming two years. At the first stage, starting on 1 June 2016, the company will recruit 100 people, mainly IT professionals and qualified accountants. The Brno site, which serves as a pan-European shared service centre, currently employs 160 workers.
In the Czech Republic, Edwards is operating a manufacturing plant in LutÃn (Olomouc region), which employs 600 people and its turnover reached CZK 6 billion (EUR 222 million) in 2015.
Edwards is a global manufacturer of pumps. The company employs about 4,200 people worldwide and in 2015 achieved revenues of almost EUR 1Â billion.
Sources
20 May 2016: Hospodárske noviny
Citation
Eurofound (2016), Edwards, Business expansion in Czechia, factsheet number 87565, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87565.
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