Type
Business expansion
Country
Czechia
Region
Stredni Morava; Olomoucky;
Location of affected unit(s)
Záhřeb
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35 - Electricity, gas, steam and air conditioning supply

500 jobs
Number of planned job creations
Job creation
Announcement Date
13 May 2006
Employment effect (start)
1 January 2009
Foreseen end date
31 December 2011

Description

Wanemi CZ plans to invest over CZK 2 billion into the construction of a new power station and a new paper mill in Záhřeb (Šumperk region). The two facilities are to be finished at the beginning of 2009 and will offer 200 new jobs at the first stage. Within next three years, the company intends to employ another 300 people. This project is seen as a favourable feature in the region that suffers from one of the highest unemployment rate exceeding 12 percent.


Sources

  • 13 May 2006: Mladá Fronta DNES - střední Morava
  • 27 October 2006: Právo - Olomoucký kraj

Citation

Eurofound (2006), Wanemi CZ, Business expansion in Czechia, factsheet number 64499, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64499.