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 Other Transport Equipment 30.3 - Manufacture of air and spacecraft and related machinery
100 jobs Number of planned job creations
Announcement Date
26 April 2012
Employment effect (start)
26 April 2012
Foreseen end date
Description
Aero Vodochody, an aerospace manufacturer in the Czech Republic, is to create up to 100 jobs with the opening of a new hall (CZK 105 million) for the production of aerospace composite products. The company was established in 1919 and currently employs about 1,350 people. It was also reported that Aero is moving the production of its subsidiary (Rotortech Aero Composites) currently based in the UK.
Sources
26 May 2012: Finanční noviny
Citation
Eurofound (2012), Aero Vodochody, Business expansion in Czechia, factsheet number 73519, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73519.
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