Type
Business expansion
Country
Slovakia
Region
Vychodne Slovensko; Presovsky kraj;
Location of affected unit(s)
Poprad
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28 - Manufacture of machinery and equipment n.e.c.

150 jobs
Number of planned job creations
Job creation
Announcement Date
19 October 2006
Employment effect (start)
19 October 2006
Foreseen end date
31 December 2007

Description

Italian company Global Garden Products being the first investor in the new industrial park near the city Poprad has launched the production in its first subsidiary in Slovakia. The costs of the Greenfield investment amounted to about EUR 10 million. Currently 150 employees are working there. Some 600,000 grass-cutters will be produced in the plant in 2007, when additional 150 new jobs will be created there. The full production capacity of 1 million grass-cutting machines and about 80,000 garden tractors per year will be achieved by the end of 2008.


Sources

  • 19 October 2006: Hospod├írske noviny

Citation

Eurofound (2006), Global Garden Products, Business expansion in Slovakia, factsheet number 64312, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64312.