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.
Région Bruxelles-Capitale / Brussels Hoofdstedelijke Gewest;
Location of affected unit(s)
Zaventem
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
200 jobs Number of planned job creations
Announcement Date
25 January 2006
Employment effect (start)
Foreseen end date
Description
Toyota announced on 25 January 2006 that the expansion of the Toyota Motor Europe Technical Centre in Zaventem, Belgium, has been completed.
The expansion-aimed at strengthening Toyota's product-development competitiveness in the diversifying European market-means that the centre will now handle body engineering for all Toyota models to be produced in Europe, as well as diesel engine evaluation for all Toyota models to be sold in Europe. The expansion represents an additional investment by Toyota in the TME Technical Centre of 75 million and includes plans for the creation of approximately 200 more jobs.
Sources
25 January 2006: the auto channel
Citation
Eurofound (2006), Toyota Motor Europe, Business expansion in Belgium, factsheet number 62903, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62903.
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