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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
300 jobs Number of planned job creations
Announcement Date
19 April 2006
Employment effect (start)
30 September 2006
Foreseen end date
31 December 2007
Description
Like other investors (Spanish Estamp and Italian Scanferla) before, the French NPL S Company now decided to establish its subsidiary in Slovakia. NPL S will establish its production unit in new industrial zone in Zlaté Moravce (local municipality provides the ground and infrastructure facilities) to produce metal and plastic parts and components for automotive industry. German Volkswagen and Danish Danfoss already operate in the region. According to the announced shedule, production in the plant will start with 50 employees by the end of September 2006. The French investor initially planned to employ 150 employees there till the end of 2007. Now, the company management decided to increase this figure up to 300.
Sources
19 April 2006: Pravda
Citation
Eurofound (2006), NPL S, Business expansion in Slovakia, factsheet number 63375, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63375.
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