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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20.6 - Manufacture of man-made fibres 20.6 - Manufacture of man-made fibres
250 jobs Number of planned job creations
Announcement Date
16 August 2006
Employment effect (start)
Foreseen end date
31 December 2011
Description
Twista, the Italian company, will expand its business in Slovakia. The company management decided to invest more than SKK 300 million in order to establish a new plant in industrial park Zeleňákovo located nearby Humené, where the company already operates and produces different fabrics from nylon fibres. Around 250 new jobs will be created in the new production plant in the next five years.
Sources
16 August 2006: Hospodárske noviny
Citation
Eurofound (2006), Twista, Business expansion in Slovakia, factsheet number 64596, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64596.