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.
The largest Czech car manufacturer Škoda Auto has announced its plan to employ over 1,000 new agency workers by the end of September 2010 due to increasing demand for cars (Superb, Yeti). Škoda Auto currently employs a total of 24,390 workers (including 1,960 agency workers).The company's result for the first half of 2010 shows a new record in sales and also growth in profits. In the first half of 2010, Škoda Auto revenues increased to CZK 109.7 billion (+22.3%).
Eurofound (2010), Škoda Auto, Business expansion in Czechia, factsheet number 70787, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70787.