Type
Business expansion
Country
Czechia
Region
Stredni Cechy; Stredocesky;
Location of affected unit(s)
Mladá Boleslav
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

360 jobs
Number of planned job creations
Job creation
Announcement Date
14 November 2006
Employment effect (start)
30 June 2009
Foreseen end date

Description

Škoda Auto, one of the four oldest car producers in the world and a subsidiary of the Volkswagen Group since 1991, has started the construction of a new development centre in Mladá Boleslav with investment amounting to CZK 1.1 billion. The facility is to be opened in the middle of 2009 and to employ 360 people, namely university graduates.


Sources

  • 14 November 2006: Hospodárske noviny

Citation

Eurofound (2006), Škoda Auto, Business expansion in Czechia, factsheet number 64443, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64443.