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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23.4 - Manufacture of other porcelain and ceramic products 23.43 - Manufacture of ceramic insulators and insulating fittings
120 jobs Number of planned job creations
Announcement Date
12 May 2006
Employment effect (start)
Foreseen end date
Description
Multinational company Knauf Insulation has recently launched a new production of building insulation materials in Krupka near the city Teplice. The business investment of 2.6 billion CZK which is one of the largest foreign investments in the Czech Republic will create about 120 jobs. The region suffers from a 20 percent unemployment rate.
Sources
12 May 2006: Hospodárske noviny
Citation
Eurofound (2006), Knauf Insulation, Business expansion in Czechia, factsheet number 63470, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63470.
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