Type
Business expansion
Country
Czechia
Region
Moravskoslezsko; Moravskoslezsky;
Location of affected unit(s)
Mošnov
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.32 - Manufacture of other parts and accessories for motor vehicles

120 jobs
Number of planned job creations
Job creation
Announcement Date
17 February 2017
Employment effect (start)
1 April 2017
Foreseen end date
31 December 2017

Description

Hyundai Mobis, a South Korean supplier of car parts, has launched trial production of headlights at its Mošnov plant and plans to create 120 new jobs by the end of 2017. Currently, the company employs 240 people there. Full operation will start in early April. The company wants to recruit assembly workers and machine setters, which are on shortage in the labour market. South Korean investment is to achieve roughly CZK 4 billion (EUR 148 million) with a total of more than 900 employees by 2023. 


Sources

  • 17 February 2017: Hospodárske noviny

Citation

Eurofound (2017), Hyundai Mobis, Business expansion in Czechia, factsheet number 90267, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90267.