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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20 - Manufacture of chemicals and chemical products 20 - Manufacture of chemicals and chemical products
100 jobs Number of planned job creations
Announcement Date
7 April 2005
Employment effect (start)
Foreseen end date
Description
Cutisin Ltd., producer of a high variety of packing for meat, poultry and dairy products, decided to build a new plant in Jilemnice with investment reaching more than 1 billion CZK. The new factory, focusing on edible sausage collagen casings, will generate up to 100 new jobs. In 2004, the turnover of the company reached 1.4 billion CZK. 80% of the production is being exported to more than 50 countries.
Sources
7 April 2005: Sondy
Citation
Eurofound (2005), Cutisin Ltd., Business expansion in Czechia, factsheet number 61498, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61498.