Business expansion
Vychodne Slovensko; Presovsky kraj;
Location of affected unit(s)
Manufacture Of Wood And Paper Materials
Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials
16.21 - Manufacture of veneer sheets and wood-based panels

150 jobs
Number of planned job creations
Job creation
Announcement Date
24 September 2005
Employment effect (start)
Foreseen end date


The Kronospan company plans to extend its production in Slovakia, by investing some SKK 3.9 billion in the establishment of a new production plant. According to the company´s director for central Europe, Marcus Haberger, management has asked the Slovak government for an investment stimulus. The latter used to be provided for investments in regions with a particular high unemployment rate, which is the case for the Prešov region.

According to a new information, Slovak Government did not provide the company a state aid in amount required by the company. Therefore, Kronospan management decided to reduce the planned investment. It plans to modernise the technology in its subsidiary in Prešov. However, creation of only 150 new jobs (instead of 190) is planned there.


  • 24 September 2005: Pravda
  • 26 September 2005: Hospodárske noviny
  • 24 September 2005: SME
  • 17 October 2007: Hospodárske noviny


Eurofound (2005), Kronospan, Business expansion in Slovakia, factsheet number 62315, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62315.