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.
Climax, a Czech producer of automotive shading systems, is expanding business activities at its Vsetín site and will create 100 new jobs within 2 years. The company will invest CZK 100 million (EUR 3.8 million) into new production of external and interior shades, which include a large range of blinds, roller shutters, awnings, facade shades and insect screens.
Climax, which currently employs 430 people, sells via sales partners about 35 % of the production in the Czech Republic. The rest is exported to Western Europe, mainly to Austria, Germany and Switzerland.
Eurofound (2017), Climax, Business expansion in Czechia, factsheet number 91017, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91017.