Franke Slovakia

Type
Business expansion
Country
Slovakia
Region
Slovensko; Stredné Slovensko; Žilinský kraj
Location of affected unit(s)
Strečno
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.4 - Manufacture of other porcelain and ceramic products
23.41 - Manufacture of ceramic household and ornamental articles
100 jobs
Number of planned job creations
Job creation
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.

Citation

Eurofound (2018), Franke Slovakia, Business expansion in Slovakia, factsheet number 95731, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95731.