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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 22.1 - Manufacture of rubber products 22.11 - Manufacture, retreading and rebuilding of rubber tyres and manufacture of tubes
290 jobs Number of planned job creations
Announcement Date
13 September 2013
Employment effect (start)
14 September 2013
Foreseen end date
Description
Continental Barum, a Czech traditional tyre producer, is to create over 290 new jobs and to invest nearly CZK 2.5 billion in order to expand the production at its facility located in Otrokovice.
Since 1992, the company has been part of the German Group Continental AG.
Updated, 24/06/2014: A total of 360 new jobs have been announced.
Sources
13 September 2013: Týden
24 June 2014: Hospodárske noviny
Citation
Eurofound (2013), Continental Barum, Business expansion in Czechia, factsheet number 75877, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75877.