Type
Business expansion
Country
Poland
Region
Poludniowo-Zachodni; Dolnoslaskie; Miasto Wroclaw
Location of affected unit(s)
NA
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

500 jobs
Number of planned job creations
Job creation
Announcement Date
11 April 2006
Employment effect (start)
Foreseen end date
30 April 2007

Description

Eto Magnetic, the German producer of electromagnetic components for road and rail vehicles, industrial hydraulics, and specialized equipment, will build a €20 million plant in Wrocław. The company intends to hire up to 500 people by May 2007.


Sources

  • 11 April 2006: Rzeczpospolita

Citation

Eurofound (2006), Eto Magnetic, Business expansion in Poland, factsheet number 63320, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63320.