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 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
430 jobs Number of planned job creations
Announcement Date
26 March 2007
Employment effect (start)
1 January 2011
Foreseen end date
Description
Czech subsidiary of South Korean firm Dymos is preparing to build a facility for the production of automobile seats in Nošovice industrial zone near the Frýdek-Místek city. The company expects to launch production in October 2008, when its customer, Hyundai Motor Manufacturing Czech, is also expected to begin production. Dymos will invest roughly 850 million CZK and will employ 85 people at the first stage, and 430 workers once the plant is fully operational in 2011.
Sources
26 March 2007: Hospodárske noviny
Citation
Eurofound (2007), Dymos Czech, Business expansion in Czechia, factsheet number 65149, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65149.