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 Food And Beverage Manufacture Of Food Products 10.82 - Manufacture of cocoa, chocolate and sugar confectionery
450 jobs Number of planned job creations
Announcement Date
16 November 2005
Employment effect (start)
1 June 2006
Foreseen end date
Description
Dutch company Leaf has decided to invest in Slovakia. Its new subsidiary will be established in the industrial zone where the South Korean Hankook Tires Company intended to operate before deciding to invest in Hungary. According to the Mayor of Levice the new investment of SKK 1 billion will effectively help to compensate the gap in regional employment which emerged after the decision of Hankook Tires not to come to the region.
Sources
16 November 2005: Hospodárske noviny
Citation
Eurofound (2005), Leaf, Business expansion in Slovakia, factsheet number 62558, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62558.
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