The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
200 jobs Number of planned job creations
Announcement Date
18 August 2005
Employment effect (start)
1 June 2006
Foreseen end date
Description
The American company Wabash will establish a new subsidiary in Slovakia nearby Piešťany. The production plant, which is the most relevant investment in the region, will produce different types of sensors for car producers. Almost all production will be exported. The main customers are foreseen to be Ford, PSA and BMW plants in France, Germany, Italy and UK.
Sources
18 August 2005: Hospodárske noviny
18 August 2005: SME
Citation
Eurofound (2005), Wabash, Business expansion in Slovakia, factsheet number 62117, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62117.
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