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.
Husqvarna Manufacturing CZ, global manufacturer of motor tools for gardens, parks and forests, is planning to expand its production in Vrbno pod Pradědem and create 100 new jobs. The company will build a hall for the production of garden robotic mowers with an investment of CZK 50 million (EUR 1.850 million). Production should begin at the end of 2017.
The region has an unemployment rate of 8.9%.
The reason for the expansion of production lies in the fact that the Czech Republic is in the middle of Europe and close to the major Husqvarna markets, which are Germany and France.
Globally, Husqvarna Group currently employs more than 13,000 people in 40 countries.
Eurofound (2016), Husqvarna Manufacturing CZ, Business expansion in Czechia, factsheet number 88499, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88499.