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 (28) Manufacture of machinery and equipment 28.9 - Manufacture of other special-purpose machinery 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://apps.eurofound.europa.eu/restructuring-events/detail/94447.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...