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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.32 - Manufacture Of Other Electronic And Electric Wires And Cables
250 jobs Number of planned job creations
Announcement Date
18 August 2023
Employment effect (start)
18 August 2023
Foreseen end date
31 December 2023
Description
LAPP Czech Republic, a subsidiary of the Germany-based global provider of products in the field of cable and connection technology, opened a new production facility in Otrokovice. About 250 new jobs will be created there by the end of 2023. The facility has a total floor space of 5,000 square meters and currently employs around 200 employees. LAPP Czech Republic specialises in the production of cables for electric vehicles. Globally, the Lapp Group, headquartered in Stuttgart, employs some 5,000 people, operates 18 production sites and 44 sales companies and cooperates with approximately 100 national partners worldwide.
Eurofound (2023), Lapp, Business expansion in Czechia, factsheet number 200225, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200225.
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