Connect Systems

Type
Offshoring/Delocalisation
Country
Slovakia
Region
Slovensko; Západné Slovensko; Nitriansky kraj
Location of affected unit(s)
Vráble
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
New offshoring locations
Romania
130 jobs
Number of planned job losses
Job loss
Announcement Date
29 October 2008
Employment effect (start)
1 November 2008
Foreseen end date

Description

Connect Systems, a Belgian producer of cables and cable-harnesses based in Vráble industrial park, is to cut 130 jobs by moving production from Slovakia to Romania. Delocalisation of production was triggered by the global economic crisis and is aimed at reducing labour costs.

Sources

  • 29 October 2008: Hospodárske noviny ()

Citation

Eurofound (2008), Connect Systems, Offshoring/Delocalisation in Slovakia, factsheet number 67310, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67310.