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 Rubber And Plastic Products 22.22 - Manufacture of plastic packing goods
130 jobs Number of planned job creations
Announcement Date
15 December 2016
Employment effect (start)
1 April 2017
Foreseen end date
Description
PPO Dema is expanding its business in the town of Senica and plans to create at least 130 new jobs there. Presently, the company employs 70 workers in Senica. Returnable transport packaging and fixation materials for non-food, food and automotive sectors made from foam, textile or board-plastic material will be produced in the new facility covering 15,000 m². The first stage of the investment, covering 6,000 m², is scheduled to be completed by the first quarter of 2017. The second and the third stage are to be completed by the end of 2017 and in spring 2018 respectively. The total value of the investment will amount to between €4-5 million. In order to improve their market position, Slovak company Dema and Czech company PPO Group CZ merged and established PPO Dema in 2015.
Sources
15 December 2016: Senica.sk
15 December 2016: TERAZ.SK
19 December 2016: SME
Citation
Eurofound (2016), PPO Dema, Business expansion in Slovakia, factsheet number 89709, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89709.
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