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
400 jobs Number of planned job creations
Announcement Date
27 September 2017
Employment effect (start)
1 March 2018
Foreseen end date
Description
On 27 September 2017, ZF Slovakia, the subsidiary of German automotive supplier ZF, has laid the cornerstone of its new production plant in Sahy. The company will create about 400 new jobs in the new plant where automotive absorbers will be produced. ZF will invest around €12million to the new plant which will spread on 10,000 m2. The production is planned to begin on 1 March 2018. ZF Slovakia employs about 2,500 employees in plants in Levice and Trnava. The unemployment is a serious problem in Sahy region, and Stefan Gregor, the Major of Sahy, welcomes the new plant to Sahy where school dropouts and skilled workers could benefit from new job opportunities.
Sources
27 September 2017: TERAZ.SK
23 March 2017: Dobre Noviny
17 December 2016: ETrend
Citation
Eurofound (2017), ZF Slovakia, Business expansion in Slovakia, factsheet number 92232, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92232.
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