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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
150 jobs Number of planned job creations
Announcement Date
6 May 2011
Employment effect (start)
1 June 2011
Foreseen end date
Description
Saar Gumami Czech, a Germany-based producer of gaskets and seals for car doors, is to create about 150 new jobs at its site in Červený Kostelec following an agreement reached with Ford Motor Company. The plant was set up in 2000 and currently employs 850 people.
UPDATE - 17/06/2011 - according to latest news, the German investor sold the firm to a Chinese state company - Chongqing Light Industry & Textile (CQLT). The business transaction was due to insolvency of the Saar Gummi group.
Eurofound (2011), Saar Gummi Czech, Business expansion in Czechia, factsheet number 71971, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71971.
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