Type
Business expansion
Country
Slovakia
Region
Zapadne Slovensko; Nitriansky kraj;
Location of affected unit(s)
Sturovo
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.5 - Casting of metals

300 jobs
Number of planned job creations
Job creation
Announcement Date
8 September 2015
Employment effect (start)
1 April 2016
Foreseen end date

Description

Spanish metallurgical firm Funderia Condals is to create 300 new jobs in the next two years. The company is developing a factory, SK C Foundry, in Sturovo industrial park, after two unsuccessful attempts in East Slovakia.. The factory will make metal castings for automotive producers and its annual production is planned to be initially 5,000 tons of castings, with a view to increase it to 15,000 tons. According to a representative of Funderia output will begin in the second quarter of 2016.

Funderia Condals' main customer in Slovakia is Continental, based in Zvolen, but it also supplies Audi and BMW in Germany.


Sources

  • 8 September 2015: TREND
  • 19 August 2015: Hospod├írske noviny

Citation

Eurofound (2015), SK C Foundry, Business expansion in Slovakia, factsheet number 84759, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84759.