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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
1,300 jobs Number of planned job creations
Announcement Date
13 November 2004
Employment effect (start)
1 May 2005
Foreseen end date
31 December 2005
Description
Yazaki Wiring Technologies Slovakia expands its production of motorcar cables in Slovakia. The company will invest 3 million euros for three new projects in 2005. In addition to current 550 employees, about 800 new jobs will be created in Michalovce and 500 in Stropkov. The main customers remain Ford and Chrysler, but Kia Motors Slovakia is considered as a potential customer too.
Sources
15 November 2004: Hospodárske noviny
13 November 2004: SME
Citation
Eurofound (2004), Yazaki Wiring Technologies Slovakia, Business expansion in Slovakia, factsheet number 60757, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60757.
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