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 Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13 - Manufacture of textiles
150 jobs Number of planned job creations
Announcement Date
18 October 2007
Employment effect (start)
1 July 2008
Foreseen end date
Description
Gestora de Inversiones Siglo, a Spanish textiles company, is to create 150 new jobs in Košice with the development of a new site. The new plant will produce clothing, and will involve an investment of 33 million SKK. Production at the new site is due to commence in July 2008. The investment by the Spanish firm follows the recent closure of two Slovak garment producers; Ozeta NEO in Tornala and OZKN in Prešov.
Sources
18 October 2007: Hospodárske noviny
Citation
Eurofound (2007), Gestora de Inversiones Siglo, Business expansion in Slovakia, factsheet number 65954, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65954.
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