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
300 jobs Number of planned job creations
Announcement Date
22 July 2005
Employment effect (start)
1 July 2008
Foreseen end date
Description
Austrian MAN Company is to extend its production to Slovakia. New investment amounting €3 million will produce components for MAN lorries produced in Austria. With this new production plant, the company will replace the subcontractors from the EU-15 countries, which produce components at a higher cost.
Sources
22 July 2005: Hospodárske noviny
Citation
Eurofound (2005), MAN, Business expansion in Slovakia, factsheet number 62084, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62084.