Business expansion
Stredne Slovensko; Zilinsky kraj;
Location of affected unit(s)
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Leather And Related Products
15.2 - Manufacture of footwear

160 jobs
Number of planned job creations
Job creation
Announcement Date
18 May 2017
Employment effect (start)
Foreseen end date
31 December 2018


Footwear company ECCO Slovakia has announced plans to create 160 new jobs in 2017 and 2018. After some years of downturn, attributed to the economic crisis and a decrease in sales in Russia, Danish shoe producer ECCO in Martin has improved its performance. In 2016, the factory in Martin, which makes shoes for both men and women, increased its production by 4% compared to the previous year to nearly 2.1 million pairs of shoes. In 2015, it had to dismiss more than 200 workers, which represented around 25% of its workforce at that time. Improved performance has allowed the factory to rehire around 100 staff in 2016 and due to the factory's business expansion a further 160 workers are to be hired in 2017 and 2018. In 2016, the company increased its revenues by 3% to €65.2 million, but this represents only just over 50% of the revenues generated back in 2012. 


  • 18 May 2017: TREND


Eurofound (2017), ECCO Slovakia, Business expansion in Slovakia, factsheet number 91315, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91315.