Type
Business expansion
Country
Slovenia
Region
Slovenija; Podravska;
Location of affected unit(s)
Hoče
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.20 - Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers

400 jobs
Number of planned job creations
Job creation
Announcement Date
13 January 2017
Employment effect (start)
1 September 2017
Foreseen end date
29 December 2017

Description

Magna Steyr, a leading global automotive supplier, established a Slovenian branch in October 2016 and started a greenfield investment in Hoče (Podravska region) which will bring 400 new jobs within one year. Don Walker, the executive director of Magna International, announced a long-term investment in Hoče, starting with the construction of a paintshop. As it is planned, a new plant will fully operate already in 2017 with 400 newly hired workers. The succeeding phases of investments into future automotive factory will create additional 2,650 jobs over next five years.


Sources

  • 13 January 2017: Finance
  • 13 January 2017: Dnevnik

Citation

Eurofound (2017), Magna Steyr, Business expansion in Slovenia, factsheet number 89901, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89901.