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 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
617 jobs Number of planned job creations
Announcement Date
3 April 2014
Employment effect (start)
3 April 2014
Foreseen end date
31 December 2017
Description
Italian supplier of electrical automotive parts, Magneti Marelli, expands its business in Kechnec nearby Kosice, where 617 jobs are to be created.
According to the company’s spokesperson, the expansion is attributed to the production of new high-tech components for significant car producers like Volkswagen, Peugeot-Citroen, Renault and Fiat.
In 2007, the ERM reported on the opening of the plant in Kechnec.
Sources
3 April 2014: Hospodárske noviny
Citation
Eurofound (2014), Magneti Marelli, Business expansion in Slovakia, factsheet number 76820, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76820.
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