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 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 - 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
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63163.
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