Lovato Electric

Type
Business expansion
Country
Czechia
Region
Česko; Jihozápad; Jihočeský kraj
Location of affected unit(s)
Písek
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27.9 - Manufacture of other electrical equipment
27.90 - Manufacture of other electrical equipment
100 jobs
Number of planned job creations
Job creation
Announcement Date
24 June 2013
Employment effect (start)
24 June 2013
Foreseen end date

Description

Lovato Electric, an Italy-based producer of components for electric equipment, announced the creation of about 100 new jobs at its newly built production hall in the city of Pisek. According to the sources, depending on the financial outcomes the company plans a further expansion in the area, including the construction of a regional logistics center for Middle and Eastern Europe.

Sources

  • 24 June 2013: Hospodárske noviny

Citation

Eurofound (2013), Lovato Electric, Business expansion in Czechia, factsheet number 75538, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75538.