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 Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.29 - Manufacture of other plastic products
100 jobs Number of planned job creations
Announcement Date
19 May 2017
Employment effect (start)
Foreseen end date
19 May 2019
Description
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.
Sources
19 May 2017: Hospodárske noviny
Citation
Eurofound (2017), Climax, Business expansion in Czechia, factsheet number 91017, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91017.
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