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.
Tatra Defence Vehicle (TDV), a newly created military and civil vehicle repair and manufacturing company, is to create a total of 230 jobs at the Kopřivnice site. The production was officially launched by the Czech Premier Bohuslav Sobotka on 31 May 2016. TDV has already hired 60 workers and is preparing for the production of military vehicles Titus and Pandur.
The site is the first newly built manufacturing plant in the Czech defence industry since 1993 and it is actually the first wholly new capacity for the production of ground-based military equipment in the Czech Republic since the end of World War II.
The company aims to become the European leader in the production and development of special wheeled vehicles. The value of investments by the state agency CzechInvest exceeded CZK 190 million (EUR 7 million).
Eurofound (2016), Tatra Defence Vehicle (TDV), Business expansion in Czechia, factsheet number 87892, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/87892.
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