EMCC European Monitoring Centre on Change

Siemens Czech Republic

Company/Organisation:
Siemens Czech Republic

Geographic Location

Country: Czechia

Company

Sector: Information / communication
IT and other information services
62 - Computer programming, consultancy and related activities
Number Employed: 16000
Group: Siemens

Employment Effects

Announcement Date: 05-12-2006
Type of Restructuring: Business expansion
Foreseen End Date: 30-09-2007
Planned Job Creation: 1500

Additional Information

By the end of September 2007, the Siemens Group in the Czech Republic will have employed more than 1,500 new people. Currently, there are almost 16,000 employees working for Siemens in the Czech Republic. The expansion of staff will affect most of the production facilities in the country. Siemens resumed its subsidiary in the Czech Republic in 1990. In the fiscal year 2005/2006, the Siemens Czech Republic reported turnover of almost CZK 58.6 billion. The key segments of Siemens´ activities in the Czech Republic include Automation and Control, Transportation, Energy, Information and Communication, Lighting and Healthcare.