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
100 jobs Number of planned job creations
Announcement Date
9 September 2015
Employment effect (start)
31 December 2016
Foreseen end date
Description
Getrag Ford Transmissions Slovakia will create 100 new jobs in its production unit in Kechnec industrial park near Kosice. The company plans to invest €16.73 million to extend transmission systems production. New production will start by the end of 2016. The company received state aid from the Slovak government of €3 million, almost half of which has been dedicated to tax reductions and subsidies for the creation of new jobs.
Sources
9 December 2015: Pravda
7 December 2015: Webnoviny.sk
3 December 2015: Hospodárske niviny
Citation
Eurofound (2015), Getrag Ford Transmissions Slovakia, Business expansion in Slovakia, factsheet number 86037, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86037.
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