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 Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
250 jobs Number of planned job creations
Announcement Date
22 February 2005
Employment effect (start)
9 June 2005
Foreseen end date
31 December 2006
Description
Vaillant Group has extended its activities in Slovakia. In addition to the current Vaillant subsidiary Protherm Company located in Skalica, which became a part of the group in 2001, the new production unit will be established nearby Trenčín. The investment of more than SKK 200 million will produce components for heating boilers. The main customers of the new production unit will be Vaillant subsidiaries in Skalica, Germany, France and UK.
Sources
22 February 2005: Hospodárske noviny
10 June 2005: SME
Citation
Eurofound (2005), Vaillant Slovakia, Business expansion in Slovakia, factsheet number 61163, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61163.
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