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.
The car producer company Hyundai Motor Manufacturing Czech (HMMC) is planning to hire 120 new employees at its headquarters in the Nošovice industrial zone. Job creations are to increase the production volume to pre-pandemic levels. Recruitment campaign has already started. The recruitment allowance of CZK 20,000 (€ 818) will be paid for manual workers.
The plant in Nošovice is the first and the only Hyundai manufacturing plant in the European Union. HMMC was established in 2006 and has historically been the largest foreign investment in the Czech Republic. Currently it produces up to 1400 cars a day and employs over 3,100 people.
Eurofound (2022), Hyundai Motor Manufacturing Czech (HMMC), Business expansion in Czechia, factsheet number 106129, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/106129.
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