Type
Business expansion
Country
Slovakia
Region
Vychodne Slovensko; Kosicky kraj;
Location of affected unit(s)
Spišská Nová Ves
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

100 jobs
Number of planned job creations
Job creation
Announcement Date
1 April 2005
Employment effect (start)
1 January 2006
Foreseen end date

Description

Italian Sitem Company decided to establish its subsidiary in Spišská Nová Ves industrial zone. Sitem Slovakia will produce components for electric motors. Embraco Slovakia Company, which operates in the industrial zone too, is assumed to be one of its main customers. Embraco Slovakia has been continuously expanding its production since 1998.


Sources

  • 1 April 2005: Hospodárske noviny

Citation

Eurofound (2005), Sitem Slovakia, Business expansion in Slovakia, factsheet number 61387, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61387.