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
150 jobs Number of planned job creations
Announcement Date
17 February 2009
Employment effect (start)
31 December 2007
Foreseen end date
31 December 2010
Description
Despite the downturn in the automotive industry, Kamax Company announced business expansion in its car components plant in Bardejov in February 2009. The German company will invest 6.9 million euro in order to increase production. The company has asked for state aid amounting to 50% of planned investment, which would create 150 new jobs before the end of 2010.
Sources
23 February 2009: Hospodárske noviny
17 February 2009: SME
Citation
Eurofound (2009), Kamax, Business expansion in Slovakia, factsheet number 64495, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64495.
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