Type
Business expansion
Country
Poland
Region
Poludniowo-Zachodni; Dolnoslaskie; Jeleniogorsko-walbrzyski
Location of affected unit(s)
Wałbrzych
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

100 jobs
Number of planned job creations
Job creation
Announcement Date
23 May 2014
Employment effect (start)
23 May 2014
Foreseen end date
31 December 2015

Description

Korean automotive company Mando Corporation will create an additional 100 jobs at its newly opened factory in Poland. At present, 216 people are employed at the site but the company has announced that the total employment at the plant will be 450 by the end of 2015. That is 100 more jobs than was previously reported by the ERM in 2011.

According to the source, the new plant will produce automotive brake systems. The factory is located in Wa?brzych (Special Economic Zone of Wa?brzych). According to the source, the investment is worth €80 million and this is the first European manufacturing facility of Mando Corporation.  


Sources

  • 26 May 2014: Wałbrzych Nasze Miasto
  • 23 May 2014: Rzeczpospolita

Citation

Eurofound (2014), Mando Corporation, Business expansion in Poland, factsheet number 77226, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77226.