Type
Business expansion
Country
Czechia
Region
Severozapad; Ustecky;
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10 - Manufacture of food products

150 jobs
Number of planned job creations
Job creation
Announcement Date
16 December 2005
Employment effect (start)
Foreseen end date
31 December 2006

Description

Israeli vegetarian products manufacturer Tivall is to build a new plant in Krupka (Teplice area). The company will invest almost $30 million and employ up to 150 people in the first stage. Tivall expects a further business expansion in the Czech Republic and thus the number of employees could even double. The Czech plant would be the first production outside of Israel. The production is scheduled to be launched in 2006.


Sources

Citation

Eurofound (2005), Tivall, Business expansion in Czechia, factsheet number 62665, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62665.