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 Paper And Paper Products 17 - Manufacture of paper and paper products
100 jobs Number of planned job creations
Announcement Date
23 June 2006
Employment effect (start)
Foreseen end date
31 December 2007
Description
Czech Unipap Company established its daughter company in Slovakia. The company will produce different wrappage and packaging to respond to increasing demand for their use in the region. According to Unipap sales director Mr Pavel Rozman, in total 100 new jobs will be created there till the end of 2007. Company management decided to invest in Slovakia where foreign investors established several new business units, operating in automotive industry as well as in other sectors. Unipap management considers Slovakia as an interesting market for their business. However, it also plans to utilize the new investment as a base for the company's operation in Hungary and other Central and Eastern European countries.
Sources
23 June 2006: Hospodárske noviny
Citation
Eurofound (2006), Unipap SK, Business expansion in Slovakia, factsheet number 63687, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63687.
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