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 (13 - 15) Manufacture of textiles, apparel and leather 14 - Manufacture of wearing apparel 14 - Manufacture of wearing apparel
220 jobs Number of planned job creations
Announcement Date
13 June 2005
Employment effect (start)
1 June 2005
Foreseen end date
Description
Tytex Slovakia and German Müller Textiles Slovakia are the first two main investors operating in the new industrial park in Humené. Establishment of new Tytex production plant will cost SKK 190 million and some SKK 400 million turnover is assumed in the subsidiary for 2005.
Sources
13 June 2005: Hospodárske noviny
Citation
Eurofound (2005), Tytex Slovakia, Business expansion in Slovakia, factsheet number 61817, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61817.