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.
Yanfeng Czechia Automotive Interior Systems (previously JC Interiors Czechia) is to expand its car parts production and to create 200 new jobs by the end of 2016 with an investment of CZK 1.3 billion (EUR 48 million)
Sino-American company has been operating in the Triangle industrial zone near the city of Žatec since 2011. The firm employs 1,300 staff and produces plastic dashboard, door panels and other plastic parts for car interiors.
Yanfeng Automotive Interiors, headquartered in Shanghai, has more than 90 manufacturing sites in 17 countries and employs over 28,000 people globally.
Eurofound (2016), Yanfeng Czechia Automotive Interior Systems, Business expansion in Czechia, factsheet number 86843, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86843.