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.
Administrative Services Office Administrative, Office Support And Other Business Support Activities Office Administrative And Support Activities 82.1 - Office administrative and support activities
220 jobs Number of planned job creations
Announcement Date
30 October 2017
Employment effect (start)
1 October 2017
Foreseen end date
Description
German company Covestro (formerly Bayer Material Science), a polyurethane and polycarbonate producer, expands its business to Slovakia. It opened a new shared services centre in Bratislava in September 2017. The centre will employ 220 highly qualified people mostly in accounting. Also companies like IBM, Amazon, Johnson Controls and PwC have shared services centres in Slovakia. In 2016, Covestro employed about 15,600 people in its production plants in 30 countries.
Sources
30 October 2017: TERAZ.SK
30 October 2017: 24hodin online
2 November 2017: Hospodárske noviny
Citation
Eurofound (2017), Covestro, Business expansion in Slovakia, factsheet number 92466, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92466.
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