Type
Business expansion
Country
Slovenia
Region
Slovenija; Jugovzhodna Slovenija;
Location of affected unit(s)
Novo Mesto
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations
21.20 - Manufacture of pharmaceutical preparations

150 jobs
Number of planned job creations
Job creation
Announcement Date
30 January 2020
Employment effect (start)
1 April 2020
Foreseen end date
31 December 2020

Description

Krka from Novo Mesto, the leading generic pharmaceutical company worldwide, announced that the company plans to expand its workforce by three percent or 369 workers this year. As the chief executive director of Krka company explained, last year Krka achieved a record income and 39 per cent growth of profits. The company plans to invest €134 million in the extension of production capacity for which it will need more workers. It normally increases its workforce by about 300 workers every year. At the end of 2019, it employed 5,997 people in Slovenia (predominantly at the location in Novo Mesto). Globally, the company employs about 12,000 people.


Sources

Citation

Eurofound (2020), Krka, Business expansion in Slovenia, factsheet number 99945, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99945.