Type
Business expansion
Country
Slovakia
Region
Stredne Slovensko; Zilinsky kraj;
Location of affected unit(s)
Krasno nad Kysucou
Sector
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
Job creation
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: Hospod├írske 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.