Restructuring events
European Restructuring Monitor (ERM)
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.
Hitachi, a Japanese engineering concern, plans to create at least 300 new jobs in a plant located in the industrial zone Triangle near the city of Žatec. The plant will be operational in March 2013.
The firm resumes production at its plant after the closure in 2009, when it ceased LCD production. The plant will now produce automotive shock absorbers.
The recruitment of the first 150 new employees is scheduled at the beginning of 2013. Hitachi expects a further expansion of the production in the near future.
Eurofound (2012), Hitachi, Business expansion in Czechia, factsheet number 73652, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73652.