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 For Transport Equipment Manufacture Of Other Transport Equipment 30.3 - Manufacture of air and spacecraft and related machinery
114 jobs Number of planned job creations
Announcement Date
4 December 2018
Employment effect (start)
1 December 2018
Foreseen end date
Description
Aircraft Industries, a Czech manufacturer of light aircrafts, has announced an increase of staff at the Kunovice site by 114 new employees as of December 2018. The firm is considering reviving the project of developing a forty-seater civil aircraft L 610. The company is also expected to invest heavily in automation in the coming years in order to replace some of the manual labour, to make its processes more efficient and substitute some of the worker shortages. In 2017, the company sold 12 aircrafts and had profits of CZK 1.9 billion (€74 million).
Sources
Citation
Eurofound (2018), Aircraft Industries, Business expansion in Czechia, factsheet number 96196, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96196.
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