Brembo Czech named Investor of the Year 2010

2 Nov. 2011 | CzechInvest | The company placed first in the manufacturing industry category.

Brembo Czech s.r.o. invested in the construction of a new factory in Ostrava-Hrabová for casting, manufacturing and assembling brake discs and other aluminium components. Brembo is a world leader and innovator in the area of brake and rotor technology. The company delivers not only brake systems, but also clutches, seats, safety belts and other components to manufacturers of automobiles, motorcycles and freight vehicles around the world.

Second place was awarded to FOXCONN CZ s.r.o., which over the course of three years will gradually expand its existing plant for production of printer cartridges. A total of 656 new jobs will be created in the Pardubice region thanks to this investment. In the first phase of the investment, the company will establish premises for lines for comprehensive finalisation of prepared printer cartridges. The second phase will consist in expansion of the capacity of packaging lines and installation of fully automated lines for production and testing of printer cartridges.

The third-place award was presented to AU Optronics (Czech) s.r.o. for the expansion of its existing Brno plant for production and assembly of solar modules. The company was originally established as a high-tech repair centre specialising in flat panels used especially in computer monitors, notebooks and televisions.

Investor of the Year is a competition organised annually by CzechInvest and the Association for Foreign Investment in cooperation with the Ministry of Industry and Trade of the Czech Republic. This year marked the eleventh anniversary of the event. The main partners of this year’s Investor of the Year competition are ČEZ and ČSOB, while the partner is the Office Islands project of HOCHTIEF Development Czech Republic. Supporting partners are the QUIX agency and Zátiší Catering. Media support for the competition was provided by the weekly Euro, Czech Radio 1 – Radio Journal, Stavitel (Builder) and Project & Property magazines, and the monthlies Parlament – Vláda – Samospráva (Parliament – Government – Local Administration) and Development News.

The competing investment projects are evaluated by a committee composed of representatives of the Ministry of Industry and Trade, the Ministry of Labour and Social Affairs, the Association for Foreign Investment and CzechInvest. The celebratory announcement of the winners took place – together with the announcement of the results of the Business Property of the Year 2010 competition – on Tuesday, 1 November 2011, at the Eco-Technical Museum in Prague.