Hydroline

Type
Business expansion
Country
Poland
Region
Makroregion północno-zachodni; Zachodniopomorskie; Szczeciński
Location of affected unit(s)
Stargard
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.1 - Manufacture of general-purpose machinery
28.12 - Manufacture of fluid power equipment
100 jobs
Number of planned job creations
Job creation
Announcement Date
11 March 2019
Employment effect (start)
1 June 2019
Foreseen end date

Description

The Finnish producer of hydraulic drive systems Hydroline has announced that it will create 100 jobs at its new factory in Stargard. The site, consisting of 13,000 m2, is expected to be launched in June 2019. This occurs due to the increase of sales.

Hydroline was established in 1962, in Finland. The company is a global supplier of industrial cylinders used in rubber and plastic molding machinery, machine tools, food processing equipment, steel and aluminum mills, and off-shore drilling systems. In Poland, the company has been operating since 2013.

Sources

Citation

Eurofound (2019), Hydroline, Business expansion in Poland, factsheet number 97457, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97457.