Type
Business expansion
Country
Slovakia
Region
Zapadne Slovensko; Trenciansky kraj;
Location of affected unit(s)
Handlová
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Coal And Lignite
05 - Mining of coal and lignite

400 jobs
Number of planned job creations
Job creation
Announcement Date
29 July 2006
Employment effect (start)
28 July 2006
Foreseen end date

Description

In the Handlová region coal mining has re-started in a mine which was closed as ineffective by Federal Government of Czechoslovakia in the early 1990’s. High quality brown coal is available there and the increased energy prices made the mining profitable again. After massive reduction of coal mining in Slovakia, employment in the industry was stabilised. The re-opening of the mine in Handlová region offers around 400 new jobs for unemployed miners. According to the mines´ director for strategy and planning Mr. František Verbich, available resources would allow brown coal mining there for the next 5-6 years.


Sources

  • 29 July 2006: Pravda

Citation

Eurofound (2006), Baňa Handlová, Business expansion in Slovakia, factsheet number 63869, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63869.