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 Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.1 - Manufacture of glass and glass products
400 jobs Number of planned job creations
Announcement Date
7 May 2014
Employment effect (start)
1 October 2014
Foreseen end date
31 December 2015
Description
Poltar Crystal & Steel is to create 400 new jobs in Poltar by the end of 2015. As reported the company is planning to relaunch the glass production in October 2014 in the previous Slovglass site. The job expansion is linked with the support of a state aid of €11.8 million to boost employment in the area which suffers from high unemployment rates and has a long tradition in glass manufacturing.
Sources
7 May 2014: Pravda
9 May 2014: SME
Citation
Eurofound (2014), Poltar Crystal & Steel, Business expansion in Slovakia, factsheet number 76980, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76980.
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