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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
200 jobs Number of planned job creations
Announcement Date
31 October 2006
Employment effect (start)
28 February 2007
Foreseen end date
31 October 2008
Description
Danish company Knudsen Plast decided to invest in eastern Slovakia. The investment project in amount of about EUR 3 million will be located in the premises of former Slovak textile company Slovenka. New production plant will produce plastic elements for the medical industry. According to Christian Overland, Knudsen Plast's CEO, the company management decided to place the new investment in that location because the company's key customer Unomedical operates nearby in Michalovce. The available premises were also an important factor influencing the investor's decision. The production is to be launched in February 2007. Around 200 new jobs will be created there in the next two years.
Sources
31 October 2006: SME
31 October 2006: Pravda
Citation
Eurofound (2006), Knudsen Plast, Business expansion in Slovakia, factsheet number 64381, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64381.
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