BWI Group started operations at its first manufacturing plant in the Czech Republic. The Chinese producer of car components leased 15,000 sqm at Panattoni Park Cheb in North Bohemia, where it started production of shock absorbers for European luxury car manufacturers. Approximately 300 new jobs are being created in Cheb, following an investment of around CZK 750m. BWI Group already has six production plants around the globe: three in China and one each in Mexico, the UK and Poland. “The intelligent factory for shock absorbers for luxury brands is a magnificent show of modern systems and sophisticated technology. This is high-tech production with high-added value and satisfies the principles of the trend known as Industry 4.0,” explains Pavel Sovička, director general of Panattoni Europe for the Czech Republic and Slovakia, which built the hall in cooperation with Accolade Group as an investor. The lease deal was brokered by CBRE.
