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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20 - Manufacture of chemicals and chemical products 20 - Manufacture of chemicals and chemical products
160 jobs Number of planned job creations
Announcement Date
22 March 2007
Employment effect (start)
1 January 2008
Foreseen end date
1 January 2010
Description
Japanese corporation Nitto Denko which produces tapes, vinyl, LCDs, insulation, and several other products is going to build a new plant in Černovická terasa industrial zone of the Brno city at the cost of CZK 700 million. The company intends to hire at least 80 workers in 2008 and plans to double the number of employees within two years. The site will produce foils (sheets) for LCD screens.
Sources
22 March 2007: Hospodárske noviny
Citation
Eurofound (2007), Nitto Denko, Business expansion in Czechia, factsheet number 65138, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65138.