Bukoza Invest

Type
Business expansion
Country
Slovakia
Region
Slovensko; Východné Slovensko; Prešovský kraj
Location of affected unit(s)
Hencovce
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
17.1 - Manufacture of pulp, paper and paperboard
17.11 - Manufacture of pulp
150 jobs
Number of planned job creations
Job creation
Announcement Date
25 June 2023
Employment effect (start)
1 July 2023
Foreseen end date
31 July 2023

Description

Bukoza Invest, a part of the larger Bukoza Holding, the Slovak producer of cellulose, announced its plans to expand its production by 150 thousand tonnes annually, essentially doubling its current production. The expansion requires the creation of 150 novel jobs at the main production plant in Hencovce located in East Slovakia.

The hires will be completed in July 2023 and will be mainly in manufacturing positions.

The total investment is €90 million. To adress potential environmental issues, the company has followed European standards and enlarged its sewage treatment plant and filtration facilities.

See also previous case Bukoza Invest 2022 - SK.

Sources

Citation

Eurofound (2023), Bukoza Invest, Business expansion in Slovakia, factsheet number 109258, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/109258.