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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
300 jobs Number of planned job creations
Announcement Date
29 March 2006
Employment effect (start)
Foreseen end date
31 December 2006
Description
Changhong Electronics, one of the biggest producers of TVs in China, will invest 30 million USD to set up a TV production base in the Czech Republic. The new TV assembly plant named Changhong Europe Electric is to be built in Nymburk during 2006 and will produce over one million plasma-screen TV sets a year. The business expansion will bring about 300 new employment opportunities.
Sources
29 March 2006: Hospodárske noviny
Citation
Eurofound (2006), Changhong Electric, Business expansion in Czechia, factsheet number 63242, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63242.
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