Doka Drevo

Type
Business expansion
Country
Slovakia
Region
Slovensko; Stredné Slovensko; Banskobystrický kraj
Location of affected unit(s)
Banská Bystrica
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
200 jobs
Number of planned job creations
Job creation
Announcement Date
9 March 2006
Employment effect (start)
Foreseen end date
31 December 2006

Description

After ten years of successful operation in Slovakia, Austrian company Doka Industrie decided to expand production in its Slovakian subsidiary, Doka Drevo. Doka Drevo, which produces mostly elements for wooden crates used in construction, will double the volume of production within the next three years. To achieve this goal, the mother company will invest around SKK 550 million and create 150-200 new jobs in Doka Drevo before the end of 2006.

Since 1995, the Austrian company has invested around SKK 450 million into new technology, innovation, modernisation of production lines and information and logistic systems in Doka Drevo. Almost 99% of the production is exported, mostly to other EU countries - Austria, the Czech Republic, Hungary, Poland, Portugal, Slovenia and Spain.

Sources

  • 9 March 2006: Hospodárske noviny

Citation

Eurofound (2006), Doka Drevo, Business expansion in Slovakia, factsheet number 63163, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63163.