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.
(10 - 33) Manufacturing (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
100 jobs Number of planned job creations
Announcement Date
22 March 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
Otis Elevators Co., the world's largest manufacturer, installer and maintainer of elevators, escalators, moving walkways and other people-moving systems, opened a new assembly shop in Břeclav on 21 March 2005. The investment of 285 million CZK will create more than 100 new jobs by the end of 2005. The plant in Břeclav should become the main supplier of escalators and elevators in Europe.
Sources
22 March 2005: Hospodárske noviny
Citation
Eurofound (2005), Otis Elevators Co., Business expansion in Czechia, factsheet number 61296, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61296.
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