Tieto Czech

Type
Business expansion
Country
Czechia
Region
Česko; Moravskoslezsko; Moravskoslezský kraj
Location of affected unit(s)
Ostrava
Sector
Information / Computing
63 - Computing infrastructure, data processing, hosting and other information service activities
63.1 - Computing infrastructure, data processing, hosting and related activities
63.1 - Computing infrastructure, data processing, hosting and related activities
300 jobs
Number of planned job creations
Job creation
Announcement Date
30 May 2016
Employment effect (start)
Foreseen end date
31 December 2016

Description

Tieto Czech, a Finland-based IT service company, plans to create 300 new positions for IT programmers at its Ostrava site by the end of 2016. The Ostrava site currently employs 2,200 people.

Globally, Tieto has over 13,000 IT experts in 20 countries. Last year's operating profit amounted to EUR 125 million. The Czech branch share amounted to one tenth.

Sources

  • 30 May 2016: Hospodárske noviny

Citation

Eurofound (2016), Tieto Czech, Business expansion in Czechia, factsheet number 87647, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87647.