Type
Business expansion
Country
Slovakia
Region
Stredne Slovensko; Banskobystricky kraj;
Location of affected unit(s)
Lučenec
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

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

Description

German company Druxmeyer decided to establish its first subsidiary in Slovakia in the area where Johnson Controls has also built a production plant. The €12 million investment will spread over a 7 hectares area. New production plant for electrical cables for cars is an important investment for the south Slovakian region where unemployment rate is more than 20%.


Sources

  • 16 December 2005: Hospodárske noviny

Citation

Eurofound (2005), Druxmeyer, Business expansion in Slovakia, factsheet number 62643, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62643.