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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.99 - Manufacture of other special-purpose machinery n.e.c.
200 jobs Number of planned job creations
Announcement Date
26 November 2014
Employment effect (start)
26 November 2014
Foreseen end date
Description
Lincoln CZ, a lubricating oil systems producer, is to create 200 new jobs with the opening of a new manufacturing hall at its Chodov site. The company has invested CZK 300 million to a new environmentally friendly building which gained international certification LEED Platinum.
Swedish parent company SKF started operation at Chodov site in 1995 and currently employs 300 people.
Globally, SKF has 48,000 employees in 130 countries worldwide.
Sources
26 November 2014: Hospodárske noviny
19 November 2014: SKF (Press Release)
Citation
Eurofound (2014), Lincoln CZ, Business expansion in Czechia, factsheet number 77917, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77917.
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