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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.32 - Manufacture of other parts and accessories for motor vehicles
120 jobs Number of planned job creations
Announcement Date
17 February 2017
Employment effect (start)
1 April 2017
Foreseen end date
31 December 2017
Description
Hyundai Mobis, a South Korean supplier of car parts, has launched trial production of headlights at its Mošnov plant and plans to create 120 new jobs by the end of 2017. Currently, the company employs 240 people there. Full operation will start in early April. The company wants to recruit assembly workers and machine setters, which are on shortage in the labour market. South Korean investment is to achieve roughly CZK 4 billion (EUR 148 million) with a total of more than 900 employees by 2023.
Sources
17 February 2017: Hospodárske noviny
Citation
Eurofound (2017), Hyundai Mobis, Business expansion in Czechia, factsheet number 90267, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90267.