Type
Business expansion
Country
Slovakia
Region
Bratislavsky kraj; Bratislavsky kraj;
Location of affected unit(s)
Malacky
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Rubber And Plastic Products
22 - Manufacture of rubber and plastic products

140 jobs
Number of planned job creations
Job creation
Announcement Date
14 April 2005
Employment effect (start)
14 April 2005
Foreseen end date

Description

In order to strengthen its position on the Central and Eastern European market, Siegling Company has decided to establish a subsidiary in Slovakia. The final selection of city Malacky came out from competition of 15 potential locations in the region. The new plant is designed as a production centre supplying the whole region. It will produce tailor-made plastic belts for single customers. About 80-90% of production will be exported and the company management plans to gain a 20% share on the regional market.


Sources

  • 14 April 2005: Hospod├írske noviny

Citation

Eurofound (2005), Siegling, Business expansion in Slovakia, factsheet number 61436, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61436.