Restructuring events
European Restructuring Monitor (ERM)
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.
Car manufacturer Škoda Auto, a subsidiary of the Volkswagen Group, has announced that it will create up to 1,000 new jobs at its Kvasiny plant over the year 2016 due to the launch of two new sport utility vehicles (Škoda SUV and Seat SUV) whose production is scheduled in 2016. At present, Škoda Auto operates its Kvasiny site with about 5,000 staff in total.
Update 16/3/2016
Car maker Škoda Auto wants to hire 2,000 people in 2016, mainly in connection with the extension of its plant in Kvasiny and production of a new SUV.
Eurofound (2016), Škoda Auto, Business expansion in Czechia, factsheet number 86164, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86164.