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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
1,100 jobs Number of planned job creations
Announcement Date
22 May 2008
Employment effect (start)
1 July 2009
Foreseen end date
Description
Up to 1,100 new jobs will be created by the American company Honeywell with the expansion of a technology and development centre in Brno. The centre, which was opened in 2003 and currently employs 1,300 staff, has become an important commercial and development base in Central Europe. Production in the new part of the centre will commence in the second half of 2009. The company, which develops products for the aerospace industry, control technologies and the automotive industry, currently employs about 2,700 people in the Czech Republic in the Brno, Ostrava and Olomouc sites.
Sources
22 May 2008: Hospodárske noviny
Citation
Eurofound (2008), Honeywell, Business expansion in Czechia, factsheet number 66711, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66711.
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