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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 22 - Manufacture of rubber and plastic products 22 - Manufacture of rubber and plastic products
300 jobs Number of planned job creations
Announcement Date
9 January 2007
Employment effect (start)
Foreseen end date
Description
FenStar decided to expand its production of PVC windows and doors in Hodějovice plant. The company intends to invest CZK 200 million into a new production shop and to hire up to 300 workers within a couple of years. Now, FenStar employs 295 people and 80 percent of its production is exported abroad. The 2006 turnover is estimated to reach around CZK 450 million.
Sources
9 January 2007: Hospodárske noviny
Citation
Eurofound (2007), FenStar, Business expansion in Czechia, factsheet number 64717, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64717.