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 Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24 - Manufacture of basic metals
350 jobs Number of planned job creations
Announcement Date
16 November 2004
Employment effect (start)
31 March 2005
Foreseen end date
31 December 2006
Description
Spanish company decided to invest almost 20 million Euro in Slovakia. New plant in city of Nová Baňa will produce special aluminium profiles for construction elements like doors, windows and façades. In the first two years of operation the company intends to export the production to Belgium, Germany, Great Britain and the Netherlands. Later, the company plans to build distribution centres in Bratislava, Budapest and Prague.
Sources
16 November 2004: SME
Citation
Eurofound (2004), Aluminios Cortizo, Business expansion in Slovakia, factsheet number 60758, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60758.
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