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 29.3 - Manufacture of parts and accessories for motor vehicles
280 jobs Number of planned job creations
Announcement Date
6 December 2017
Employment effect (start)
1 December 2017
Foreseen end date
31 December 2018
Description
Norwegian Kongsberg Automotive plans to invest €9 million to expand its business in Slovakia. The company will create 280 new jobs at its factory in Vrable where a new production hall for the production of control systems for gear boxes will be opened. The business expansion is attributed to new contracts with PSA Group. The company also expects cooperation with Jaguar Land Rover in Nitra.
Sources
6 December 2017: Trend.sk
Citation
Eurofound (2017), Konsberg Automotive, Business expansion in Slovakia, factsheet number 92882, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92882.
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