Type
Merger/Acquisition
Country
Slovakia
Region
Bratislavsky kraj; Bratislavsky kraj;
Location of affected unit(s)
Dubová
Sector
Manufacturing
Manufacture Of Coke And Refined Petroleum Products
Manufacture Of Coke And Refined Petroleum Products
19.2 - Manufacture of refined petroleum products

300 jobs
Number of planned job creations
Job creation
Announcement Date
3 August 2005
Employment effect (start)
1 August 2005
Foreseen end date

Description

After Petrochema Dubová Company, one of the major chemical company in Slovakia went through a radical restructuring causing reductions in production and staff , Czech Annectis Company bought Petrochema in April 2005. The company currently produces different types of gearbox and motor oils. Around 80% of the previously dismissed staff returned back to the company.


Sources

  • 3 August 2005: Hospodárske noviny

Citation

Eurofound (2005), Petrochema, Merger/Acquisition in Slovakia, factsheet number 62102, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62102.