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 (20 - 21) Manufacture of chemicals and pharmaceuticals 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
350 jobs Number of planned job creations
Announcement Date
6 September 2010
Employment effect (start)
1 September 2010
Foreseen end date
1 September 2012
Description
Teva Czech Industries (formerly known as IVAX and Galena), an important pharmaceutical company, has announced the creation of 350 new jobs with the launch of a new plant located in Opava on 1 September 2010. The new facility produces tablets and gelatin capsules for US market. The company also announced a further investment of about CZK 500 million that will bring another 300 new jobs within two years. At present, Teva employs over 1,200 people. For previous restructuring see here.
Sources
6 September 2010: Novinky
Citation
Eurofound (2010), Teva Czech Industries, Business expansion in Czechia, factsheet number 70907, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70907.
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