Type
Business expansion
Country
Slovakia
Region
Vychodne Slovensko; Kosicky kraj;
Location of affected unit(s)
Michalovce
Sector
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
Job creation
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: Hospod├írske 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.