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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
500 jobs Number of planned job creations
Announcement Date
25 July 2006
Employment effect (start)
Foreseen end date
31 December 2008
Description
Czech Autotext Company started the production in its Slovak subsidiary in Snina. There they produce elements to Ford and Audi car interiors, e.g. carpets and seat head-rests. The subsidiary operates in premises of previous Jas Export Shoe Company and currently employs 50 people. Autotext management plans to expand the production in Snina and increase the number of employees up to 300 till the end of 2007. Around 500 employees will supposedly work there in 2008.
Sources
25 July 2006: SME
Citation
Eurofound (2006), Autotext, Business expansion in Slovakia, factsheet number 63870, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63870.
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