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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
100 jobs Number of planned job creations
Announcement Date
8 December 2009
Employment effect (start)
Foreseen end date
30 November 2009
Description
PPS Group, a producer of heavy metal constructions for construction, mining and other machinery, has created 100 new jobs in Detva in November 2009. According to the company's CEO, Pavol Å imkoviÄ, PPSÂ received new orders from German and Swedish companies operating in the mining industry. He also announced that the company plans to maintain the staff level above 600 throughout 2010. Previously, PPS had drastically reduced its workforce as a consequence of the economic crisis.
Sources
8 December 2009: Hospodárske noviny ()
:
Citation
Eurofound (2009), PPS Group, Business expansion in Slovakia, factsheet number 69997, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69997.
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