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
250 jobs Number of planned job creations
Announcement Date
26 October 2016
Employment effect (start)
Foreseen end date
31 December 2017
Description
German producer of components for the car industry, Ideal Automotive, is expanding its business to Slovakia. The company has built its first site in the country in the Eurovalley Industrial Park near Malacky (western Slovakia) where it plans to create 50 jobs by the end of 2016 and an additional 200 jobs by the end of 2017. The business expansion is attributed to a new contract with Volkswagen Slovakia, which is located in nearby Bratislava. Textile cladding components for the interiors and exteriors of vehicles will be produced in the new 12,000 square metre factory. According to the company's project manager, Nicola Di Clemente, production will begin in October 2016 and about 250 people will be employed there by the end of 2017. The new jobs will mainly be equipment operating and production assembly jobs.
Sources
27 October 2016: Hospodárske noviny
26 October 2016: Slovak Spectator
Citation
Eurofound (2016), Ideal Automotive, Business expansion in Slovakia, factsheet number 89039, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89039.
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