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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
560 jobs Number of planned job creations
Announcement Date
14 December 2007
Employment effect (start)
Foreseen end date
31 December 2011
Description
Yssel, a producer of steel frames, including iron bars and roofs and roof elements, has announced that it is to create 560 new jobs with the development of a subsidiary in Palárikovo by the end of 2011. This greenfield investment is worth SKK 1.17 billion. Almost all production will be exported, mainly to Germany and the Netherlands. The company receives assistance from the Government for the creation of the new jobs.
Sources
14 December 2007: SME
Citation
Eurofound (2007), Yssel, Business expansion in Slovakia, factsheet number 66150, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66150.
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