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 - Manufacture of machinery and equipment n.e.c.
300 jobs Number of planned job creations
Announcement Date
13 March 2015
Employment effect (start)
15 March 2015
Foreseen end date
31 December 2015
Description
American company Honeywell, developing products in aerospace industry, automation, control and security solution systems, has announced 300 new jobs to be created due to the enlargement of its Brno site from March 2015 though an investment of USD 10 million.
The Brno site, which opened in 2003, is to become the company's largest research/development centre in Europe. Currently, over 1,500 people are working there.
Besides the development centre, the group operates two manufacturing sites (Brno, Olomouc) and a commercial headquarters in Prague. Overall, the company employs more than 4,000 people in the Czech Republic.
Global HTC centres are located in the Czech Republic, India and China.
Sources
13 March 2015: Hospodárske noviny
Citation
Eurofound (2015), Honeywell, Business expansion in Czechia, factsheet number 78763, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78763.
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