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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
150 jobs Number of planned job creations
Announcement Date
22 October 2004
Employment effect (start)
1 March 2005
Foreseen end date
Description
The Dutch Hollandia Company will build its subsidiary Hollandia Central Europe in the North Slovakia region where Hyundai-Kia Motors already planned significant investments. Service and assembly plant will cost about 300 million SKK and produce lifting devices for lorries. The Slovak government intends to support the investment by about 12 million SKK.
Sources
22 October 2004: SME
Citation
Eurofound (2004), Hollandia, Business expansion in Slovakia, factsheet number 60688, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60688.