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
150 jobs Number of planned job creations
Announcement Date
15 March 2017
Employment effect (start)
1 November 2017
Foreseen end date
Description
Cooper-Standard Automotive ČR, a subsidiary of an American car parts maker, will complete the construction of production facilities in the Bystřice nad Pernštejnem industrial zone in May 2017 and create about 150 jobs. Trial production is to be launched in November 2017, serial production in 2018. The total investment amounted to CZK 500 million (EUR 18.5 million). The firm intends to further expand its production in the coming years and employ a total of 500 staff.
Sources
15 March 2017: Ždárský deník
21 March 2017: Čianews
Citation
Eurofound (2017), Cooper-Standard Automotive ČR, Business expansion in Czechia, factsheet number 90577, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90577.