Type
Business expansion
Country
Czechia
Region
Severozapad; Ustecky;
Location of affected unit(s)
Louny
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30.2 - Manufacture of railway locomotives and rolling stock

150 jobs
Number of planned job creations
Job creation
Announcement Date
7 July 2014
Employment effect (start)
8 July 2014
Foreseen end date
31 December 2014

Description

Czech railway engineering company Legios is to create 150 new jobs due to the new contract signed with the railway transport Germany-based firm Havellandische Eisenbahn Aktiengesellschaft (HVLE). The contract is worth CZK 270 million (€9.84 million). The delivery of the wagons will take place by the end of 2014.

Legios with its 140-year-old tradition employs more than 1,300 employees.

Currently, the company is one of the significant European players in the field of railway technology.

ERM reported previously a restructuring event in 2011.


Sources

Citation

Eurofound (2014), Legios, Business expansion in Czechia, factsheet number 77325, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77325.