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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
900 jobs Number of planned job creations
Announcement Date
3 February 2016
Employment effect (start)
1 September 2016
Foreseen end date
31 December 2016
Description
Engineering company INA Lanškrouon, a subsidiary of Germany-based groupSchäffler, is to create 900 new jobs during 2016. The firm plans to expand its production for the automotive production at its two sites (Svitavy, Lanškroun) with an investment of CZK 2.5 billion (EUR 92.5 mn).The government has approved an investment incentive of CZK 255 million (EUR 9.4 mn). Most of the new jobs (855) will be created in the Svitavy plant, while the remaining 45 positions will be added in the Lanškroun site. The production at a newly built plant in Svitavy is due to start in September 2016.
Sources
3 February 2016: Týden
Citation
Eurofound (2016), INA Lanškrouon, Business expansion in Czechia, factsheet number 86408, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86408.
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