MD Elektronik

Type
Business expansion
Country
Czechia
Region
Česko; Jihozápad; Plzeňský kraj
Location of affected unit(s)
Chotěšov
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
200 jobs
Number of planned job creations
Job creation
Announcement Date
22 February 2015
Employment effect (start)
Foreseen end date
1 July 2015

Description

MD Elektronik, a Germany based producer of cable and antenna systems for cars, will create 200 new jobs by the summer of 2015 thanks to a new long-term contract with Daimler. The company intends to build its seventh manufacturing hall at its Chotěšov site with an investment of CZK 700 million. The new hall will open in spring 2016.

Sources

  • 22 February 2015: Hospodářske Noviny

Citation

Eurofound (2015), MD Elektronik, Business expansion in Czechia, factsheet number 78473, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78473.