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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
New offshoring locations
Poland
600 jobs Number of planned job losses
Announcement Date
19 August 2005
Employment effect (start)
1 February 2006
Foreseen end date
Description
American Molex Company decided to close one its subsidiary in Slovakia and to relocate the production to its subsidiary Moltech in Sulecin, Poland. According to the PR Director of Molex Slovakia Mr. Miloš Somora, integration of the production in Moltech plant will contribute to substantial reduction of the production costs.
Sources
19 August 2005: Hospodárske noviny
Citation
Eurofound (2005), Moltes, Offshoring/Delocalisation in Slovakia, factsheet number 62147, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62147.
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