Assa Abloy to build new production facility

Its Sweden parent company is to begin the construction of a new Nordic Chamber Report 1-14 September 2016 production facility early next year, planning to spend more than CZK 55 million. Assa Abloy Rychnov reported a turnover of CZK 900 million last year, with a profit of CZK 55 million. After the new production facility is build, the company’s turnover may increase by up to one third, the company’s management says. The building itself it to be erected by the end of next year, with the logistic centre and production to be in full operation in four years. The company plans to hire another 150 workers in addition to its present 530 employees, which may not be an easy task given the record-low 2% unemployment rate in the region. (



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