Type
Business expansion
Country
Czechia
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of motor vehicles, motorcycles and related parts and accessories
47.8 - Retail sale of motor vehicles, motorcycles and related parts and accessories

200 jobs
Number of planned job creations
Job creation
Announcement Date
27 August 2010
Employment effect (start)
1 January 2010
Foreseen end date
30 June 2010

Description

AAA Auto, one of the largest used car salers in Europe, has announced that it has created 200 jobs in the first six months of 2010. The company, operating in the Czech Republic and Slovakia, reported that it reported sunstantial profits despite the decline in sales. The consolidated net profit of the Group recorded for the first six months of 2010 reached EUR 2.3 million (+232%).


Sources

  • 27 August 2010: LidovĂ© Noviny

Citation

Eurofound (2010), AAA Auto, Business expansion in Czechia, factsheet number 70842, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70842.