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 Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24 - Manufacture of basic metals
167 jobs Number of planned job creations
Announcement Date
11 January 2006
Employment effect (start)
31 December 2006
Foreseen end date
Description
German multinational CAG holding established a new subsidiary in Slovakia. Three other companies belonging to CAG holding (Illichmann, Neuman aluminium and Nafo) already established their production units in the same place. The SKK 100 million investment will help establishing the largest central european plant producing aluminium tubes. Approximately 240 million tubes per year will be produced there.
Sources
11 January 2006: Hospodárske noviny
Citation
Eurofound (2006), Tubex Slovakia, Business expansion in Slovakia, factsheet number 62810, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62810.
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