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 (29 - 30) Manufacture for transport equipment 30 - Manufacture of other transport equipment 30 - Manufacture of other transport equipment
150 jobs Number of planned job creations
Announcement Date
7 April 2005
Employment effect (start)
Foreseen end date
Description
French aircraft equipment manufacturer Latecoere decided to build a new development and production centre in Prague, focusing on built-up components for large passenger aircrafts. Through its Czech subsidiary — Letov letecká výroba. — the company will invest more than 200 billion CZK into the new project that will create up to 150 new jobs.
Sources
7 April 2005: CzechInvest
Citation
Eurofound (2005), Latecoere, Business expansion in Czechia, factsheet number 61536, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61536.