Bus maker Iveco to expand production, create 450 jobs in Czech Republic.

By bne IntelliNews January 20, 2011
The local unit of bus producer Iveco plans to expand its production and create 450 jobs this year, E15 daily reported. The company will increase the production of low-floor city buses and will open a new production hall in late-March. The state investment promotion agency CzechInvest has said that the company had already applied for an investment incentive seeking to invest CZK 160mn to boost production. The company produces city buses in its plant in Vysoke Myto. It is part of Iveco Irisbus, which has 27 production facilities and five research centres in 16 countries.
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