Daewon Europe

Type
Business expansion
Country
Poland
Region
Makroregion wschodni; Lubelskie; Lubelski
Location of affected unit(s)
Lublin
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
46 jobs
Number of planned job creations
Job creation
Announcement Date
20 April 2013
Employment effect (start)
20 April 2013
Foreseen end date
31 December 2014

Description

On 20 April 2013, a Korean producer of automotive components Daewon Europe announced it plans to create 46 new jobs in Lublin plant by the end of 2014.

The company has also announced plans to invest 30 million USD by mid-2014.

The factory in Lublin, acquired by Daewon Europe in 2008, produces shock absorption assemblies for automotive industry.

For previous restructuring see here.

Sources

  • 20 April 2013: Puls Biznesu

Citation

Eurofound (2013), Daewon Europe, Business expansion in Poland, factsheet number 75621, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75621.