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 (32) Other manufacturing 32 - Other manufacturing 32 - Other manufacturing
250 jobs Number of planned job creations
Announcement Date
8 February 2005
Employment effect (start)
Foreseen end date
Description
The German Schwan-Stabilo Group is planning to create a further 200 jobs at Schwan Cosmetics CR in Český Krumlov, a Czech subsidiary producing cosmetic pencils. The factory was opened in October 2004 and currently employs more than 200 workers. The overall number of 400-450 jobs are to be relocated by 2008 from Germany to the Czech Republic because of lower production costs.
Sources
8 February 2005: Hospodárske noviny
Citation
Eurofound (2005), Schwan Cosmetics CR, Business expansion in Czechia, factsheet number 61116, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61116.