Type
Business expansion
Country
Slovakia
Region
Bratislavsky kraj; Bratislavsky kraj;
Location of affected unit(s)
Galanta
Sector
Retail
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
46 - Wholesale trade, except of motor vehicles and motorcycles

200 jobs
Number of planned job creations
Job creation
Announcement Date
23 November 2005
Employment effect (start)
Foreseen end date
31 December 2005

Description

After a radical extension of production at its Galanta unit in 2004, Samsung Electronics has decided to build a new logistic and distribution centre for Central and Eastern Europe. About 200 new jobs will be created there in 2005.

Samsung Electronics Slovakia has just started with building the planned new logistic centre in Galanta. After completion it will provide distribution services of all Samsung products to EU Countries and in other Central and East European countries. The SKK 750 million investment will provide distribution services not only for production plant in Galanta but also for Samsung plants in Hungary and east Asian region too. Currently Samsung employs in its subsidiaries in Slovakia 1,900 full-time and 1,500 seasonal employees.


Sources

  • 23 November 2005: Hospod├írske noviny
  • 29 September 2004: Pravda
  • 29 September 2004: SME
  • 29 September 2004: Hospod├írske noviny

Citation

Eurofound (2005), Samsung Electronics Slovakia, Business expansion in Slovakia, factsheet number 60631, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60631.