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 (10 - 11) Manufacture of food and beverage 10 - Manufacture of food products 10 - Manufacture of food products
150 jobs Number of planned job creations
Announcement Date
9 December 2005
Employment effect (start)
Foreseen end date
31 December 2006
Description
Chinese tinned luncheon meat is planned to be produced in the Czech Republic from the end of 2006. A new cannery with investment of 100 million CZK is to be built in Bílina. The joint-venture with the company Shanghai Maling Aquarius will create 150 new jobs. Most of its production will be exported especially to Western Europe and the United States.
Sources
9 December 2005: Hospodárske noviny
Citation
Eurofound (2005), Shanghai Maling Aquarius, Business expansion in Czechia, factsheet number 62614, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62614.