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 Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.19 - Manufacture of other rubber products
180 jobs Number of planned job creations
Announcement Date
18 April 2018
Employment effect (start)
1 May 2018
Foreseen end date
1 April 2019
Description
The Swiss company Lonstroff, a member of the Japanese group Sumitomo Rubber Industries, will invest €43 million in a new medical elastomere factory in Logatec. The investment is going to create 180 new jobs by April 2019 when Lonstroff plans to launch a new production of rubber shields for tubes and other medical devices. The government will contribute with a financial incentive amounting to €4.8 million. Lonstroff signed a contract with the Slovenian government on 18th April and will start building the factory in May 2018.
Sources
18 April 2018: Finance
18 April 2018: CNBC
Citation
Eurofound (2018), Lonstroff, Business expansion in Slovenia, factsheet number 93823, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93823.
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