The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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
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 HoÄe (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 HoÄe, 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.
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