Type
Business expansion
Country
Poland
Region
Centralny; Mazowieckie; Radomski
Location of affected unit(s)
Szydłowiec
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25.99 - Manufacture Of Other Fabricated Metal Products N.E.C.

300 jobs
Number of planned job creations
Job creation
Announcement Date
12 March 2024
Employment effect (start)
12 March 2024
Foreseen end date

Description

Oventrop, a company in the plumbing industry, is expanding its plant in Szydłowiec, where it will eventually employ 300 people. The plant expansion is linked to the growing role of the Szydłowiec plant for the company's German headquarters, and a new production hall is currently under construction. The gradual development of the plant has been planned since its inception. Recruitment for new positions has now begun and, by the middle of next year, the plant is expected to employ 175 people, reaching eventually 300 workers in total. Oventrop has been in business for over 170 years, operating mainly in Germany and producing fittings, thermoregulation and ventilation equipment. The Szydłowiec plant opened in 2022 and currently employs 78 people.


Sources

Citation

Eurofound (2024), Oventrop, Business expansion in Poland, factsheet number 200939, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200939.