Business expansion
Vychodne Slovensko; Kosicky kraj;
Location of affected unit(s)
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

450 jobs
Number of planned job creations
Job creation
Announcement Date
3 December 2004
Employment effect (start)
22 November 2007
Foreseen end date


Ford is the fourth famous motor-car producer which decided for direct investment in Slovakia. The German/US Company will invest about Euro 350 million in 2005-2006. The production of about 300,000 gearboxes per year is planned in this Greenfield investment. The production unit is located in the industrial zone of Kechnec in the nearby city of Košice where US Steel operates. The investment is assumed to generate additionally 1000 to 1500 new jobs with subcontractors.

The Slovakian government decided to provide Euro 54.5 million state aid for the company of which 13.5 million would concern reduced corporate tax. Also, the government intends to provide additional Euro 1 million to support training of employees.

According to a new information, full production in the new plant started on 22 November 2007, and in total 450 new jobs were created there.


  • 23 November 2007: Hospodárske noviny
  • 3 December 2004: SME
  • 25 May 2006: SME


Eurofound (2004), Getrag Ford Transmissions, Business expansion in Slovakia, factsheet number 60819, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60819.