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 Of Wood And Paper Materials Manufacture Of Paper And Paper Products 17.22 - Manufacture of household and sanitary goods and of toilet requisites
300 jobs Number of planned job creations
Announcement Date
29 March 2018
Employment effect (start)
1 July 2018
Foreseen end date
31 August 2018
Description
Drylock Technologies, a global family-owned hygiene products company, is expanding its production at the Czech site of Hrádek nad Nisou, Czech Republic, and will hire 300 new employees. The new manufacturing hall is set to open in summer 2018 with an investment of CZK 1.5 billion (EUR 59.2 million). Upon completion, the site will be the largest of its kind in Europe and one of the largest in the world.
Drylock Technologies, headquartered in Zele, Belgium, employs over 2,000 people worldwide and has production facilities in Russia, Czech Republic, Italy, Spain, USA and Brazil.
Sources
29 March 2018: Hospodárske noviny
1 April 2018: drylocktechnologies.com
Citation
Eurofound (2018), Drylock Technologies, Business expansion in Czechia, factsheet number 93800, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93800.
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