Swedwood Slovakia

Type
Business expansion
Country
Slovakia
Region
Slovensko; Západné Slovensko; Trnavský kraj
Location of affected unit(s)
Majcichov
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16.2 - Manufacture of products of wood, cork, straw and plaiting materials
16.21 - Manufacture of veneer sheets and wood-based panels
320 jobs
Number of planned job creations
Job creation
Announcement Date
7 December 2005
Employment effect (start)
1 September 2006
Foreseen end date

Description

Swedwood plans to open its fourth production unit in Slovakia - aside from plants operating in Malacky, Závažná Poruba and Trnava. The €16 million new investment is aimed at establishing a new production manufacturing around 25 million square meters of wood veneer sheets per year. Local municipality welcomes the investment, which will allow low-skilled unemployed to be hired.

Sources

  • 7 December 2005: Hospodárske noviny
  • 7 December 2005: SME

Citation

Eurofound (2005), Swedwood Slovakia, Business expansion in Slovakia, factsheet number 62594, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62594.