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
500 jobs Number of planned job creations
Announcement Date
13 June 2017
Employment effect (start)
15 June 2017
Foreseen end date
Description
The Chinese company Yanfeng Automotive Interiors, the world's leading supplier of automotive parts, is to create over 500 new job positions in the Czech Republic. The company has recently opened a new plant for the production of instrument panels, cockpit systems and door panels for passenger cars.
Yanfeng Automotive Interiors, with headquarters in Shanghai, is a global leader in automotive interiors. Globally, the company has approximately 110 manufacturing plants and technical centres in 18 countries with more than 33,000 employees around the world.
Sources
13 June 2017: CzechInvest
Citation
Eurofound (2017), Yanfeng Czechia Automotive Interior Systems, Business expansion in Czechia, factsheet number 91358, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91358.
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