Type
Business expansion
Country
Czechia
Region
Praha; Hlavni mesto Praha;
Location of affected unit(s)
Prague
Sector
Information / Communication
Information Communication Services
Telecommunications
61.90 - Other telecommunications activities

400 jobs
Number of planned job creations
Job creation
Announcement Date
28 April 2021
Employment effect (start)
1 May 2021
Foreseen end date

Description

The European Parliament has approved the creation of the EU Space Programme (EUSPA) which will cover all European Union's space activities to date. The Prague-based space agency GSA will expand its scope and create up to 400 new jobs over the next years. The goal of the project, which will run a budget of €14.8 billion, will be the construction of a series of satellite systems that will provide data and services to public and private sectors. Satellite navigation and Earth observation are used in a wide range of fields, such as transport, logistics, agriculture, natural resource management, environmental monitoring and smart cities. The programme will be overseen by the European Commission in Brussels.


Sources

Citation

Eurofound (2021), European Global Navigation Satellite Systems Agency (GSA), Business expansion in Czechia, factsheet number 104712, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104712.