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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
200 jobs Number of planned job creations
Announcement Date
2 November 2006
Employment effect (start)
Foreseen end date
31 December 2007
Description
Slovak government decided to sell the premises of the former tobacco company in Rimavská Sobota to a foreign investor. Italian company Campagnaro Elettrotecnica from Trieste will invest around SKK 300 million there in order to establish its subsidiary in Slovakia. In the new production plant in Rimavská Sobota the company will produce different electric motors. According to the town's mayor Štefan Cipruš, it is good news for the city, in which local brewery and sugar refinery have been closed recently, and which Dräxlmaier unexpectedly left for Romania a couple of months ago.
Sources
2 November 2006: Hospodárske noviny
Citation
Eurofound (2006), Campagnaro Elettrotecnica, Business expansion in Slovakia, factsheet number 64384, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64384.
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