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. 28.96 - Manufacture of plastics and rubber machinery
220 jobs Number of planned job creations
Announcement Date
18 June 2018
Employment effect (start)
18 June 2018
Foreseen end date
Description
Engel, the Austria-based manufacturer of plastics injection moulding machines, has recently opened a production hall with an investment of CZK 1.1 billion (€42.2 million) in the city of Kaplice where 220 new jobs were created. The number of personnel at the site has currently reached 960 people. The firm has been promised a state subsidy from the CzechInvest agency amounting to CZK 232 million (€8.9 million).
Sources
10 June 2018: budejckadrbna.cz
Citation
Eurofound (2018), Engel, Business expansion in Czechia, factsheet number 94447, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94447.
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