Restructuring events
European Restructuring Monitor (ERM)
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.
Škoda Auto, the Czech manufacturer of motor vehicles, is to create 400 new jobs in Mladá Boleslav with the expansion of its development centre in the region. 1,400 are currently employed at the site, and 100 of the new staff are expected to be taken on by the end of 2007. The expansion of the new site is expected to be finished by the end of 2008. Škoda Auto also announced the creation of 2000 new jobs on an as yet unspecified date at its automobile producing site in Vrchlabí in September 2007.
Eurofound (2007), Škoda Auto, Business expansion in Czechia, factsheet number 65825, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65825.