Type
Business expansion
Country
Slovakia
Region
Vychodne Slovensko;
Location of affected unit(s)
Michalovce
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26.6 - Manufacture of irradiation, electromedical and electrotherapeutic equipment

300 jobs
Number of planned job creations
Job creation
Announcement Date
23 October 2014
Employment effect (start)
1 January 2015
Foreseen end date
30 December 2015

Description

Supplier of medical single-use disposable products Unomedical (a ConvaTec company) is to create 300 new jobs in 2015. As reported, the job expansion will be the result of a €10.5 million investment plan to expand the activities of the existing factory in Michalovce (Kosice region) due to increasing market demands.

According to the sources, in 2014 Unomedical created 55 new jobs and received a tax relief of €1.65 million. As mentioned, experts consider that the investment plan is linked with the decision to expand the existing facility rather than creating a new one, as well as labour costs.

Unomedical opened its plant in Michalovce, in 2006. In 2009, ERM reported a job reduction restructuring event.


Sources

  • 23 October 2014: TREND
  • 24 October 2014: Hospodárske noviny

Citation

Eurofound (2014), Unomedical, Business expansion in Slovakia, factsheet number 77805, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77805.