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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17.11 - Manufacture of pulp
150 jobs Number of planned job creations
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.
Eurofound (2023), Bukoza Invest, Business expansion in Slovakia, factsheet number 109258, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109258.
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