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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
400 jobs Number of planned job creations
Announcement Date
21 June 2005
Employment effect (start)
Foreseen end date
31 December 2006
Description
South Korean Company IL Jin will invest around SKK1 billion for its new subsidiary in Slovakia. The new production plant will produce components for motor car wheels for the Hyundai/Kia plant in Žilina.
Sources
21 June 2005: SME
Citation
Eurofound (2005), IL Jin Slovakia, Business expansion in Slovakia, factsheet number 61782, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61782.