Otis Elevators Co.

Type
Business expansion
Country
Czechia
Region
Česko; Jihovýchod;
Location of affected unit(s)
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
100 jobs
Number of planned job creations
Job creation
Announcement Date
22 March 2005
Employment effect (start)
Foreseen end date
31 December 2005

Description

Otis Elevators Co., the world's largest manufacturer, installer and maintainer of elevators, escalators, moving walkways and other people-moving systems, opened a new assembly shop in Břeclav on 21 March 2005. The investment of 285 million CZK will create more than 100 new jobs by the end of 2005. The plant in Břeclav should become the main supplier of escalators and elevators in Europe.

Sources

  • 22 March 2005: Hospodárske noviny

Citation

Eurofound (2005), Otis Elevators Co., Business expansion in Czechia, factsheet number 61296, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61296.