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
150 jobs Number of planned job creations
Announcement Date
24 May 2007
Employment effect (start)
1 August 2007
Foreseen end date
Description
British Hi-Technology Group announced its decision to invest in Košice, the east Slovakian industrial and administrative centre, where also US Steel and Getrag-Ford companies operate. The company management will invest around 25 million SKK to establish its subsidiary there. Plastic parts for medical use, ship-building, space and defence industry will be produced in the new plant. In total around 150 new jobs will be created. The start of the hi-tech based sophisticated production is planned for August 2007. The company management intends to offer over-standard remuneration for highly qualified employees.
Sources
24 May 2007: Hospodárske noviny
Citation
Eurofound (2007), Hi-Technology Group, Business expansion in Slovakia, factsheet number 65421, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65421.
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