Engel

Type
Business expansion
Country
Czechia
Region
Česko; Jihozápad; Jihočeský kraj
Location of affected unit(s)
Kaplice
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.9 - Manufacture of other special-purpose machinery
28.96 - Manufacture of plastics and rubber machinery
220 jobs
Number of planned job creations
Job creation
Announcement Date
18 June 2018
Employment effect (start)
18 June 2018
Foreseen end date

Description

Engel, the Austria-based manufacturer of plastics injection moulding machines, has recently opened a production hall with an investment of CZK 1.1 billion (€42.2 million) in the city of Kaplice where 220 new jobs were created. The number of personnel at the site has currently reached 960 people. The firm has been promised a state subsidy from the CzechInvest agency amounting to CZK 232 million (€8.9 million).

Sources

  • 10 June 2018: budejckadrbna.cz

Citation

Eurofound (2018), Engel, Business expansion in Czechia, factsheet number 94447, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94447.