OEZ Letohrad

Type
Business expansion
Country
Czechia
Region
Česko; Severovýchod; Pardubický kraj
Location of affected unit(s)
Letohrad
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
180 jobs
Number of planned job creations
Job creation
Announcement Date
3 March 2011
Employment effect (start)
31 January 2011
Foreseen end date

Description

OEZ Letohrad, a low-voltage protective devices producer, has announced its intention to create 180 new jobs with the development of a new manufacturing plant in January 2011. The reason behind the job creation is last year's decision by Siemens group to relocate air breaker production from Berlin (Germany) to the Czech Republic. OEZ has been part of Siemens group since 2007.

Sources

  • 3 March 2011: Lidové Noviny

Citation

Eurofound (2011), OEZ Letohrad, Business expansion in Czechia, factsheet number 71677, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71677.