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 23.41 - Manufacture of ceramic household and ornamental articles
100 jobs Number of planned job creations
Announcement Date
15 October 2018
Employment effect (start)
Foreseen end date
31 December 2019
Description
Swiss kitchen systems manufacturer Franke Group has announced plans to create 100 jobs at its new production site in Strečno, Slovakia. The company has invested €37 million in the production of coloured synthetic sinks from Fragranite and Tectonite composites at the plant. The sinks are exported worldwide, mainly to Germany, France and USA. The production commenced on June 2018 and a total of 300 people are employed there. The plant is expected to be fully operational by the end of 2019 with the addition of these 100 roles.
Sources
Citation
Eurofound (2018), Franke Slovakia, Business expansion in Slovakia, factsheet number 95731, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95731.
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