Type
Internal restructuring
Country
Slovakia
Region
Vychodne Slovensko; Kosicky kraj;
Location of affected unit(s)
Gelnica
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

60 jobs
Number of planned job losses
Job loss
Announcement Date
14 August 2012
Employment effect (start)
Foreseen end date
31 December 2012

Description

Elektroconnect Company, a subsidiary of French Nexans Autoelectric group, will dismiss 60 out of 300 employees in Gelnica, Slovakia.

The company produces wire harnesses for agriculture and construction machines. Redundancies, which are due to a significant decline in orders for the second half of 2012, contribute to an already difficult situation in the region with a 22% unemployment rate.


Sources

  • 14 August 2012: Hospodárske noviny

Citation

Eurofound (2012), Elektroconnect, Internal restructuring in Slovakia, factsheet number 74034, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74034.