ŠKODA AUTO

Type
Business expansion
Country
Czechia
Region
Česko; Severovýchod; Královéhradecký kraj
Location of affected unit(s)
Vrchlabí
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.10 - Manufacture of motor vehicles
200 jobs
Number of planned job creations
Job creation
Announcement Date
17 March 2015
Employment effect (start)
17 March 2015
Foreseen end date
17 March 2016

Description

Škoda Auto will expand its production of gearboxes DQ 200 at its Vrchlabí plant and create 200 new jobs within the next twelve months. The automaker intends to invest CZK 710 million and intends to increase production capacity by one third. Currently, the site employs roughly 1,000 workers.

Sources

  • 17 March 2015: MF Dnes

Citation

Eurofound (2015), ŠKODA AUTO, Business expansion in Czechia, factsheet number 79179, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79179.