MAN

Type
Business expansion
Country
Slovakia
Region
Zapadne Slovensko; Trenciansky kraj;
Location of affected unit(s)
Bánovce nad Bebravou
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles
300 jobs
Number of planned job creations
Job creation
Announcement Date
22 July 2005
Employment effect (start)
1 July 2008
Foreseen end date

Description

Austrian MAN Company is to extend its production to Slovakia. New investment amounting €3 million will produce components for MAN lorries produced in Austria. With this new production plant, the company will replace the subcontractors from the EU-15 countries, which produce components at a higher cost.

Sources

  • 22 July 2005: Hospodárske noviny

Citation

Eurofound (2005), MAN, Business expansion in Slovakia, factsheet number 62084, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62084.