MEGATECH Industries

Type
Business expansion
Country
Czechia
Region
Česko; Jihovýchod; Jihomoravský kraj
Location of affected unit(s)
Brno
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
300 jobs
Number of planned job creations
Job creation
Announcement Date
29 January 2016
Employment effect (start)
1 September 2016
Foreseen end date

Description

MEGATECH Industries, Austrian manufacturer of plastic automotive parts, is to expand its business in the Czech Republic and create up to 300 new jobs with the opening a new plant near the city of Brno in September 2016.

The company currently operates two Czech sites (Hlinsko, Jablonec nad Nisou) and employs a total of 800 people there.

Megatech Industries is a leading European supplier of plastic parts for cars and trucks. Last year, its sales exceeded CZK 3.2 billion (EUR 118 million)

Sources

  • 29 January 2016: Hospodárske noviny

Citation

Eurofound (2016), MEGATECH Industries, Business expansion in Czechia, factsheet number 86337, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86337.