Business expansion
Vychodne Slovensko; Kosicky kraj;
Location of affected unit(s)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25.5 - Forging, pressing, stamping and roll-forming of metal; powder metallurgy

500 jobs
Number of planned job creations
Job creation
Announcement Date
3 July 2007
Employment effect (start)
1 December 2009
Foreseen end date


Steel Mills, a Slovakian firm, plan to establish a new steelworks in Strážske in east Slovakia that will employ around 500. Construction work on the new investment is due to start in spring 2008. The investment is worth about 5 billion SKK and is to be financed by domestic capital. Employment at the plant is due to start at about the end of 2009. The new steel plant will produce about half a million tons of different iron elements for construction. According to the Enviconsult Company which assessed the project, the technology in the new steel mill will use an electrical melting furnace for the steel processing and it will not harm the environment.


  • 3 July 2007: Hospodárske noviny


Eurofound (2007), Steel Mills, Business expansion in Slovakia, factsheet number 65605, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65605.