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 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
120 jobs Number of planned job creations
Announcement Date
16 November 2005
Employment effect (start)
Foreseen end date
Description
The company IFE, one of the largest world's producer of automatic door systems for rail vehicles, has decided to close its factory in Austrian city Waidhofen and remove its production to the Czech city Brno. The relocation thus will create 120 jobs.
Sources
16 November 2005: MF Dnes
Citation
Eurofound (2005), IFE, Business expansion in Czechia, factsheet number 62549, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62549.