Restructuring events
European Restructuring Monitor (ERM)
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.
Automotive lighting, a global leader in exterior automotive lighting, founded in 1999 as a joint venture between Magneti Marelli and Robert Bosch (lighting division), intends to expand its current production at the Czech site in Pávov near the city of Jihlava and to increase its current staff of 1,700 by 630 new jobs within 4 years. New production is to start in 2006 and is expected to double the production capacity to 6 million car lights per year. The company aims to become the main supplier for South Korean automotive company Hyundai Motor's new plant, planned to be built in the Czech Republic in the near future
Eurofound (2006), Automotive Lighting, Business expansion in Czechia, factsheet number 63189, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63189.