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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.99 - Other manufacturing n.e.c.
250 jobs Number of planned job creations
Announcement Date
19 April 2016
Employment effect (start)
Foreseen end date
31 December 2016
Description
Sellier & Bellot, a firearms ammunition manufacturer, starts recruiting up to 250 new employees. Job creation is associated with the construction of a new manufacturing hall to be completed in June/December 2016 with an investment of CZK 2 bilion (EUR 74 million). Company's sales are expected to grow from CZK 3.5 billion last year up to CZK 4 billion (EUR 148 million) this year. However, drop in business may arise due to the EU directive restricting the possession of firearms.
Sellier & Bellot, a subsidiary of the Brazilian company CBC, currently employs 1,505 people in the Vlašim site.
Sources
Citation
Eurofound (2016), Sellier & Bellot, Business expansion in Czechia, factsheet number 87442, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87442.
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