EMCC European Monitoring Centre on Change

CTP Invest

CTP Invest

Geographic Location

Country: Czechia
Region: Moravskoslezsky; Moravskoslezsko
Location of affected unit(s): Ostrava


Sector: Construction
41 - Construction of buildings

Employment Effects

Announcement Date: 26-07-2006
Type of Restructuring: Business expansion
Employment Effect Start: 31-12-2006
Planned Job Creation: 3000

Additional Information

Dutch developer CTP Invest intends to invest 150 million EUR into a multifunctional complex with 18,000 square metres of offices and shops in the centre of the city Ostrava. The construction of a high-rise building should be finished by the end of 2008. This project will bring up to 3,000 new direct jobs, namely in administration and services.