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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
200 jobs Number of planned job creations
Announcement Date
28 December 2005
Employment effect (start)
1 April 2006
Foreseen end date
31 December 2007
Description
The Italian company Bonfiglioli is the new foreign investor deciding to run its business in Považská Bystrica, the North-Slovakian city where a well-developed machinery company, Povážské strojárne, has operated. Bonfiglioli is the third biggest European producer of reducers, transmission and gear devices. Bonfiglioli management also decided to provide necessary services for its products in its new subsidiary.
Sources
28 December 2005: Hospodárske noviny
Citation
Eurofound (2005), Bonfiglioli, Business expansion in Slovakia, factsheet number 62744, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62744.
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