Futaba Czech

Type
Business expansion
Country
Czechia
Region
Česko; Jihovýchod;
Location of affected unit(s)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
150 jobs
Number of planned job creations
Job creation
Announcement Date
2 June 2005
Employment effect (start)
Foreseen end date
31 December 2005

Description

Futaba Czech, the Czech subsidiary of the global leading pressed automotive parts manufacturer from Japan, opened on 1 June 2005 a new plant in Baštínov, industrial zone of the city Havlíčkův Brod. The first Futaba business expansion in continental Europe with a total investment of more than 2 billion CZK will increase the current staff of 300 to 450 people by the end of 2005. After Germany, Japan is the second largest foreign investor in the Czech Republic.

Sources

  • 2 June 2005: Hospodárske noviny
  • 2 June 2005: Lidové Noviny

Citation

Eurofound (2005), Futaba Czech, Business expansion in Czechia, factsheet number 61690, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61690.