EMCC European Monitoring Centre on Change

Škoda Auto

Company/Organisation:
Škoda Auto

Geographic Location

Country: Czechia
Location of affected unit(s): Mladá Boleslav, Kvasiny

Company

Sector: Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Number Employed: 23558
Group: Volkswagen

Employment Effects

Announcement Date: 28-07-2011
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2011
Foreseen End Date: 31-07-2011
Planned Job Creation: 2168

Additional Information

Car manufacturer Škoda Auto, a wholly owned subsidiary of the Volkswagen Group, has announced the creation of 2,168 new jobs. According to latest media reports, the recruitment started in January 2011.

The main reason for the latest recruitment wave is that Skoda plans to launch several new models and double production by 2018. On 1 January 2011, the company had 23,558 employees earning on average CZK 32,000 (EUR 1,319.72 USD 1,895.29) per month. The record recruitment of 468 people occurred in July 2011.