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.
Information / Communication Information Service Activities Digital Infrastructure Services 63.1 - Data processing, hosting and related activities; web portals
150 jobs Number of planned job creations
Announcement Date
17 June 2014
Employment effect (start)
17 June 2014
Foreseen end date
31 December 2014
Description
Swiss pharmaceutical company Novartis is to create 150 new jobs at its newly opened IT centre in Prague by the end of 2014. About 150 IT specialists are already working there. As reported, the firm has chosen the city of Prague mainly because of an excellent infrastructure including public transport and also a wide range of highly qualified IT professionals. The Prague hub will provide IT shared services to other branch offices around the world.
Novartis currently employs a total of 500 people in the Czech Republic.
Sources
18 June 2014: Hospodárske noviny
17 June 2014: Finanční noviny
Citation
Eurofound (2014), Novartis CZ, Business expansion in Czechia, factsheet number 77189, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77189.
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