The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture Of Machinery And Equipment N.E.C.
100 jobs Number of planned job creations
Announcement Date
24 May 2024
Employment effect (start)
24 May 2024
Foreseen end date
1 November 2024
Description
The company FEAL, a producer of equipment for aluminum extrusion, has announced the opening of a new factory in the city of Karlovac, creating 100 new jobs.
The Karlovac production plant in the Business Zone was built on a plot of 46,000 square meters, and the total area of the facility will be over 15,000 square meters.
The company tries to use the best and latest technological equipment, in order to reduce all negative ecological effects. All waste water will pass through FEAL's treatment plant before being discharged into the sewage system.
The company has been on the market for 20 years. Its main production plants in Bosnia and Herzegovina produce about 40 thousand tons of aluminum profiles annually.
Eurofound (2024), FEAL HRVATSKA, Business expansion in Croatia, factsheet number 201208, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201208.
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