Ammann Czech Republic

Type
Business expansion
Country
Czechia
Region
Česko; Severovýchod; Královéhradecký kraj
Location of affected unit(s)
Nové Město nad Metují
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
100 jobs
Number of planned job creations
Job creation
Announcement Date
3 December 2007
Employment effect (start)
Foreseen end date
31 December 2009

Description

Ammann Czech Republic, a firm that produces road rollers, has announced that it is to create 100 new jobs at its site in Nové Město nad Metují by the end of 2009. The firm currently employs 700 at the site. The firm will also invest approximately 500 million CZK in the modernization of its plant, and has stated that it wishes to increase its annual output from 900 units to 3000 units by 2009. The firm exports 95 per cent of its produce.

Sources

  • 3 December 2007: Hospodárske noviny

Citation

Eurofound (2007), Ammann Czech Republic, Business expansion in Czechia, factsheet number 66073, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66073.