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 29.1 - Manufacture of motor vehicles
2,168 jobs Number of planned job creations
Announcement Date
28 July 2011
Employment effect (start)
1 January 2011
Foreseen end date
31 July 2011
Description
Car manufacturer Škoda Auto, a wholly owned subsidiary of the Volkswagen Group, has announced the creation of 2,168 new jobs. According to latest media reports, the recruitment started in January 2011.
The main reason for the latest recruitment wave is that Skoda plans to launch several new models and double production by 2018. On 1 January 2011, the company had 23,558 employees earning on average CZK 32,000 (EUR 1,319.72 USD 1,895.29) per month. The record recruitment of 468 people occurred in July 2011.
Sources
28 July 2011: Hospodárske noviny
Citation
Eurofound (2011), Škoda Auto, Business expansion in Czechia, factsheet number 72233, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72233.
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