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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23 - Manufacture of other non-metallic mineral products 23 - Manufacture of other non-metallic mineral products
200 jobs Number of planned job creations
Announcement Date
24 February 2006
Employment effect (start)
Foreseen end date
1 December 2006
Description
Europin started its business with 15 employees in city Trenčín in 1997. The company developed its business step-by-step and employed 90 employees in 2005. in February 2006, management decided to extend the production and move to another site. It will invest around €700,000 in order to establish a new plant, which will spread over more than 6,000 square meters. According to the company CEO Ján Mareček, the total production will be exported, prevailingly to German, Great Britain, USA, Canada, Poland and Singapore markets.
Sources
24 February 2006: Hospodárske noviny
Citation
Eurofound (2006), Europin, Business expansion in Slovakia, factsheet number 63058, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63058.