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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20.5 - Manufacture of other chemical products 20.5 - Manufacture of other chemical products
250 jobs Number of planned job creations
Announcement Date
2 December 2004
Employment effect (start)
1 March 2005
Foreseen end date
31 December 2005
Description
The Danish Glunz&Jensen considered the recommendation of the Centre for Economic Development of the U.S. Steel Company in Košice and decided for a SKK 55 million investment to establish a new production plant in the East Slovakian region. The company will invest an additional €100 million to develop new products for its customers which are mainly Kodak, Fuji, Agfa and Heidelberg.
Sources
2 December 2004: SME
Citation
Eurofound (2004), Glunz&Jensen, Business expansion in Slovakia, factsheet number 60909, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60909.