Hruda: Holland's LG Philips should return incentives if it leaves Czech Republic

If the Dutch company LG Philips Displays pulls out of the Czech Republic it should return investment incentives it received from the Czech state, says the head of CzechInvest, Tomas Hruda. The company's factory in south Moravia shut down on Friday as it filed for bankruptcy protection. It employs 1,300 people.

Author: Ian Willoughby