EMCC European Monitoring Centre on Change

AERO Vodochody

Company/Organisation:
AERO Vodochody

Geographic Location

Country: Czechia
Region: Stredocesky; Stredni Cechy
Location of affected unit(s): Odolená Voda

Company

Sector: Manufacturing
Manufacture of transport equipment
30 - Manufacture of other transport equipment
Number Employed: 1171
Group: Penta Investments

Employment Effects

Announcement Date: 14-04-2011
Type of Restructuring: Business expansion
Employment Effect Start: 15-04-2011
Planned Job Creation: 200

Additional Information

AERO Vodochody, the largest aerospace manufacturer in the Czech Republic, is to create up to 200 new jobs as a result of a cooperation agreement with the Brazilian company Embraer for the development and production of a new military multipurpose transport aircraft KC-390 (investment of one billion CZK per year). Although the production is expected to start at the beginning of 2016, the Czech company intends to start the recruitment process immediately.