Type
Business expansion
Country
Slovakia
Region
Zapadne Slovensko; Nitriansky kraj;
Location of affected unit(s)
Nitra
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Rubber And Plastic Products
22.29 - Manufacture of other plastic products

140 jobs
Number of planned job creations
Job creation
Announcement Date
11 February 2017
Employment effect (start)
Foreseen end date
31 December 2017

Description

Jasplastik-SK plans to create jobs for 140 people in its plant in Nitra-Sever industrial park by the end of 2017. The producer of plastic components and polystyrene products, mainly supplied to electric and automotive industries, is investing €17.6 million in the expansion between 2016 and 2018. Five new halls will be added to the existing premises. The business expansion is attributed to the increase in production of components supplied to Foxconn Slovakia. Other main customers of Jasplastik-SK are SAMSUNG Electronics Slovakia, FINE DNC SLOVAKIA, SMP Automotive Solutions Slovakia and SMP Deutschland GmbH. The investment will be supported with a state subsidy of €3.9 million.


Sources

  • 16 February 2017: Pravda
  • 11 February 2017: Nitralive

Citation

Eurofound (2017), Jasplastik-SK, Business expansion in Slovakia, factsheet number 90343, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90343.