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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
460 jobs Number of planned job creations
Announcement Date
25 June 2004
Employment effect (start)
Foreseen end date
30 September 2004
Description
Yazaki Wiring Technologies Slovakia operates in Slovakia since 1997. Recently it signed new contracts for Ford Motor Company and Daimler Chrysler (relocation from Yazaki subsidiary in Plzeň in the Czech Republic). About 460 new jobs will be created in its motorcar cables production unit in Michalovce in August-September 2004. After some reduction of unit production in 2003, the 2004 annual turnover is expected to increase to 92 million EUR.
Sources
25 June 2004: Hospodárske noviny
Citation
Eurofound (2004), Yazaki Wiring Technologies Slovakia, Business expansion in Slovakia, factsheet number 60432, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60432.
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