Type
Business expansion
Country
Slovakia
Region
Stredne Slovensko; Banskobystricky kraj;
Location of affected unit(s)
Podbrezová
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.2 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

140 jobs
Number of planned job creations
Job creation
Announcement Date
18 February 2010
Employment effect (start)
1 March 2010
Foreseen end date
31 March 2010

Description

Zelezniarne Podbrezova, a Slovak producer of seamless pipes, planned to create about 100 new jobs in March 2010. According to the company CEO, Vladimír Soták, its economic situation is improving and after waves of dismissals in 2009, a healthy recovery from the economic downturn seems to be possible.Increasing number of orders have spurred increased production and the company actually created 140 new jobs in the expansion.


Sources

  • 19 April 2010: Hospodárske noviny
  • 18 February 2010: SME

Citation

Eurofound (2010), Železiarne Podbrezová, Business expansion in Slovakia, factsheet number 70184, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70184.