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 (13 - 15) Manufacture of textiles, apparel and leather 13.9 - Manufacture of other textiles 13.9 - Manufacture of other textiles
150 jobs Number of planned job creations
Announcement Date
14 December 2009
Employment effect (start)
1 January 2010
Foreseen end date
1 December 2010
Description
On 14 December 2010, Juta, the largest Czech textile company, reported that during the course of successful 2010 the company has created 150 new jobs. Annual revenue of the company is expected to be CZK 4.3 billion, an increase by one fifth compared to 2009. Juta produces a wide range of products for construction industry, agricultural packing material and materials for technical purposes. More than 80% of its production is exported abroad.
Sources
14 December 2010: Právo
Citation
Eurofound (2009), Juta, Business expansion in Czechia, factsheet number 71376, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71376.