EMCC European Monitoring Centre on Change

Lovato Electric

Company/Organisation:
Lovato Electric

Geographic Location

Country: Czechia
Region: Jihocesky; Jihozapad
Location of affected unit(s): Písek

Company

Sector: Manufacturing
Manufacture of electrical equipment
27.90 - Manufacture of other electrical equipment
Group: Lovato Electric

Employment Effects

Announcement Date: 24-06-2013
Type of Restructuring: Business expansion
Employment Effect Start: 24-06-2013
Planned Job Creation: 100

Additional Information

Lovato Electric, an Italy-based producer of components for electric equipment, announced the creation of about 100 new jobs at its newly built production hall in the city of Pisek. According to the sources, depending on the financial outcomes the company plans a further expansion in the area, including the construction of a regional logistics center for Middle and Eastern Europe.