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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
700 jobs Number of planned job creations
Announcement Date
18 April 2011
Employment effect (start)
Foreseen end date
31 December 2011
Description
French Faurecia Corporation, a producer of components for the automotive industry, is to create 700 new jobs at its subsidiary in Kosice. As a result of this business expansion, the employment will increase to more than 1,000 workers.
The new investment is worth more than € 8 million and the intention is to increase the production of dashboards. The company's main customers are well-known car producers such as Audi, Daimler, Ford, Jaguar, Land Rover, PSA, Peugeot Citroën, Volkswagen and Volvo.
Sources
18 April 2011: Hospodárske noviny
Citation
Eurofound (2011), Faurecia, Business expansion in Slovakia, factsheet number 71929, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71929.
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