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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
650 jobs Number of planned job creations
Announcement Date
27 February 2017
Employment effect (start)
31 October 2017
Foreseen end date
28 February 2020
Description
Germany-based engineering and electronics company Robert Bosch is to invest CZK 2.2 billion (EUR 81.4 million) over the next three years and create 650 jobs at the plant in České Budějovice. The firm, which currently employs about 4,000 people, intends to increase production capacity of car components and enhance research and test centre. Robert Bosch can receive state investment incentives amounting to CZK 443.6 million (EUR 1.6 million). Recruitment is due to start in 2017 when the amount of investment will achieve 1.5 billion.This year, employees received a 4.5 % pay increase.
Sources
27 February 2017: Finanční noviny
Citation
Eurofound (2017), Robert Bosch, Business expansion in Czechia, factsheet number 90353, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90353.
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