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
150 jobs Number of planned job creations
Announcement Date
11 June 2014
Employment effect (start)
Foreseen end date
31 December 2014
Description
South Korean Hyunnam Automotive announced plans to establish a new factory in Krasno nad Kysucou, specialising in the production of plastic components for car seats. As reported, the new factory will create up to 150 new jobs till the end of 2014 and up to 500 ones in the following years.
According to the sources, the new plant will be one of the main manufacturing sites supplying car manufacturers Kia and Hyundai.
Sources
11 June 2014: Hospodárske noviny
10 June 2014: News.sk
Citation
Eurofound (2014), Hyunnam Automotive, Business expansion in Slovakia, factsheet number 77210, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77210.
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