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 (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
360 jobs Number of planned job creations
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://apps.eurofound.europa.eu/restructuring-events/detail/64443.