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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
100 jobs Number of planned job creations
Announcement Date
20 July 2004
Employment effect (start)
Foreseen end date
Description
Gronbach, the German producer of components for manufacturing of household appliances will start production in its new unit in the Michalovce industrial zone in January 2005. About 100 employees will work there in the first stage of the investment, which is expected to reduce the 28% unemployment rate in the region.
Sources
20 July 2004: SME
Citation
Eurofound (2004), Gronbach, Business expansion in Slovakia, factsheet number 60486, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60486.