Type
Business expansion
Country
Czechia
Region
Severozapad; Ustecky;
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail trade
47 - Retail trade

600 jobs
Number of planned job creations
Job creation
Announcement Date
11 April 2005
Employment effect (start)
Foreseen end date
1 October 2007

Description

AM Development, a Dutch developer, intends to build a new commercial and entertainment complex in the centre of the city Ústí nad Labem. The investment, amounting to 1,2 billion CZK, will create new employment opportunities for 400 to 600 people. The shopping centre is not to be opened before October 2007.


Sources

  • 11 April 2005: Hospodárske noviny

Citation

Eurofound (2005), AM Development, Business expansion in Czechia, factsheet number 61403, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61403.