EMCC European Monitoring Centre on Change

DACO-CZ

Company/Organisation:
DACO-CZ

Geographic Location

Country: Czech Republic
Region: Ustecky; Severozapad
Location of affected unit(s): Louny

Company

Sector: Manufacturing
Manufacture of transport equipment
30.20 - Manufacture of railway locomotives and rolling stock
Number Employed: 70
Group: Czechoslovak Group

Employment Effects

Announcement Date: 19-09-2019
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2019
Planned Job Creation: 100

Additional Information

DACO-CZ, a leading manufacturer of pneumatic, electromechanical and hydraulic brake systems for railway rolling stock, has launched the production of wagons in the city of Louny where it plans to recruit 100 new employees by the end of 2019. The production takes place on the premises of the Heavy Machinery Services (HMS) group that went bankrupt in June 2019. By the end of the year, DACO-CZ plans to have more than 100 rail vehicles manufactured and developed for customers from Germany, France, Italy and Switzerland.

DAKO-CZ currently employs some 70 people at the Louny site working on repairs of wagons. According to the company, the demand for repair and maintenance of rail wagons is high.

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