Type
Business expansion
Country
Czechia
Region
Stredni Cechy; Stredocesky;
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment

150 jobs
Number of planned job creations
Job creation
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61536.