EMCC European Monitoring Centre on Change

Linet

Company/Organisation:
Linet

Geographic Location

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

Company

Sector: Manufacturing
Other manufacturing, and repair and installation of machinery and equipment
32.50 - Manufacture of medical and dental instruments and supplies
Number Employed: 1100
Group: Linet Group

Employment Effects

Announcement Date: 16-10-2020
Type of Restructuring: Business expansion
Employment Effect Start: 16-10-2020
Foreseen End Date: 31-12-2020
Planned Job Creation: 100

Additional Information

Linet, a Czech manufacturer of hospital and nursing beds, is to create up to 100 new jobs by the end of 2020. The company will have to hire more staff to cope with the increased interest in hospital beds in connection with the COVID-19 pandemic. At the request of the government, Linet will urgently produce 4,000 beds for Czech COVID-19 patients. According to the company´s director, the supply to Czech hospitals will be given priority over some other deliveries.
Since June 2020, Linet has introduced non-stop (24-hours a day) production for the first time in its history and the annual production of intensive care beds jumped to 1,200 per month.
The manufacturer of hospital beds expects sales to increase to approximately CZK 10 billion (€367 million) in the 2020/2021 business year. In the previous business year, the company earned CZK 7.6 billion (€279 million).
Linet, which currently employs 1,100 people, is a division of the multinational holding organisation Linet Group, and a major European manufacturer of medical beds.

Sources: