Vredestein

Type
Business expansion
Country
Netherlands
Region
Oost-Nederland; Overijssel; Twente
Location of affected unit(s)
Enschede
Sector
Professional Services
72 - Scientific research and development
72.1 - Research and experimental development on natural sciences and engineering
72.10 - Research and experimental development on natural sciences and engineering
100 jobs
Number of planned job creations
Job creation
Announcement Date
11 January 2013
Employment effect (start)
11 January 2013
Foreseen end date

Description

Tyre manufacturer Vredestein has opened a new R&D facility in Enschede. The facility employs 100 employees and the number of employees is expected to grow to 150.

Vredestein is part of the Indian based Apollo group, which has taken over Vredestein in 2009 from the previous Russia based owners. Since then, employment has risen from 1300 to 1800.

Sources

  • 17 January 2013: Het Financieele Dagblad

Citation

Eurofound (2013), Vredestein, Business expansion in Netherlands, factsheet number 74778, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74778.