Business expansion
Stredne Slovensko; Banskobystricky kraj;
Location of affected unit(s)
Malý Krtíš
Manufacturing Of Furniture And Other Manufacturing
Other Manufacturing
32.3 - Manufacture of sports goods

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


Technogym, an Italian manufacturer of fitness equipment, has announced that it is to create 100 new jobs by expanding its plant in Malý Krtíš. The company will complete the building of a new production hall and logistics centre (including storage house) by the autumn of 2008. The plant currently employs 100 employees. The new investments will boost the company's production capacity. Technogym currently produce about 10,000 fitness equipment per year and it is the exclusive supplier of fitness equipment for the forthcoming Olympic Games in China.

Technogym is the first foreign investor to start business activities in the new industrial zone in southern Slovakia. The company will invest about SKK 300 million in the region which is suffering from high rates of unemployment (28%). The local authority expects the new industrial zone to create almost 2,000 new jobs in the long run.


  • 2 April 2008: Hospodárske noviny
  • 22 April 2005: SME


Eurofound (2005), Technogym, Business expansion in Slovakia, factsheet number 61542, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61542.