Foxconn

Type
Business expansion
Country
Slovakia
Region
Slovensko; Západné Slovensko; Nitriansky kraj
Location of affected unit(s)
Nitra
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
900 jobs
Number of planned job creations
Job creation
Announcement Date
2 September 2010
Employment effect (start)
1 January 2011
Foreseen end date
28 February 2011

Description

On 2 September 2010, the Taiwanese company, Foxconn, which took over the Sony plant in Nitra, will create about 500 new jobs by the end of February 2011. The business expansion is attributed to the start of production of new types of LCD TVs. According to Foxconn PR manager's statement released in mid January 2011, the TV producing company will actually recruit 900 new employees. The employment effect will start in February-March 2011. The management estimates a 50% increase in TV production in 2011.

Sources

  • 12 January 2011: Hospodárske noviny
  • 2 September 2010: Hospodárske noviny

Citation

Eurofound (2010), Foxconn, Business expansion in Slovakia, factsheet number 71017, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71017.