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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
150 jobs Number of planned job creations
Announcement Date
5 April 2011
Employment effect (start)
1 March 2011
Foreseen end date
31 March 2011
Description
Howe Slovensko, a subsidiary of Australian Howe Leather Company, created 150 new jobs in Kosice in March 2011. Women accounts for almost 80% of the current workforce (500 employees). This business expansion is attributed to the recovery in the automotive industry. The company, which produces leather seats for luxury cars, increased the production volume by 100% when comparing with pre-crisis level. Main customers are Land Rover Discovery and Audi.
Sources
5 April 2011: Hospodárske noviny
Citation
Eurofound (2011), Howe Slovensko, Business expansion in Slovakia, factsheet number 71862, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71862.
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