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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.11 - Manufacture of electric motors, generators and transformers
200 jobs Number of planned job creations
Announcement Date
10 May 2012
Employment effect (start)
Foreseen end date
31 December 2012
Description
Siemens, a German electrical engineering company, will create 200 new jobs by the end of 2012 at its new production hall in the city of Mohelnice where the company started producing electrical motors.
Siemens already employs almost 2,200 people at the Mohelnice site where it produces low-voltage asynchronous motors. Across the Czech Republic, the company employs a total of 10,500 people. The planned job creation is favourable for the region where the unemployment rate reached 12 % in April 2012.
Sources
10 May 2012: Finanční noviny
Citation
Eurofound (2012), Siemens, Business expansion in Czechia, factsheet number 73701, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73701.
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