Portfolio Stars

Type
Business expansion
Country
Slovakia
Region
Slovensko; Západné Slovensko; Nitriansky kraj
Location of affected unit(s)
Hronovce
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
17 - Manufacture of paper and paper products
17 - Manufacture of paper and paper products
150 jobs
Number of planned job creations
Job creation
Announcement Date
2 April 2009
Employment effect (start)
1 January 2011
Foreseen end date

Description

Danish-Hungarian consortium Portfolio Stars will create 150 new jobs in a new production plant for household and sanitary goods and toilet requisites in Hronovce nearby Levice. The company will invest 40.8 million Eur in the building of the new site which will be ready in 2011. For economic reasons Portfolio Stars will not use locally produced cellulose but will import it the from Nordic countries and South America.

Sources

Citation

Eurofound (2009), Portfolio Stars, Business expansion in Slovakia, factsheet number 68745, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68745.