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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Trade, Except Of Motor Vehicles And Motorcycles 46 - Wholesale trade, except of motor vehicles and motorcycles
200 jobs Number of planned job creations
Announcement Date
23 November 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
After a radical extension of production at its Galanta unit in 2004, Samsung Electronics has decided to build a new logistic and distribution centre for Central and Eastern Europe. About 200 new jobs will be created there in 2005.
Samsung Electronics Slovakia has just started with building the planned new logistic centre in Galanta. After completion it will provide distribution services of all Samsung products to EU Countries and in other Central and East European countries. The SKK 750 million investment will provide distribution services not only for production plant in Galanta but also for Samsung plants in Hungary and east Asian region too. Currently Samsung employs in its subsidiaries in Slovakia 1,900 full-time and 1,500 seasonal employees.
Sources
23 November 2005: Hospodárske noviny
29 September 2004: Pravda
29 September 2004: SME
29 September 2004: Hospodárske noviny
Citation
Eurofound (2005), Samsung Electronics Slovakia, Business expansion in Slovakia, factsheet number 60631, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60631.
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