SWEP SL

Type
Reshoring
Country
Slovakia
Reshoring from
Switzerland
Reshored business function
Production
Region
Slovensko; Východné Slovensko; Košický kraj
Location of affected unit(s)
Kosice
Sector
Manufacturing
(24 - 25) Manufacture of metals
25.9 - Manufacture of other fabricated metal products
25.99 - Manufacture of other fabricated metal products n.e.c.
No information on job gains number available
Announcement Date
25 November 2016
Employment effect (start)
1 November 2016
Foreseen end date
1 April 2017

Description

WEP is a Swedish manufacturer of brazed plate heat exchangers (BPHE). The company has decided to consolidate its activities in Europe. In particular, the production plant in Switzerland's Tentlingen is going to close in order to concentrate production in the other two plants owned by the company in Sweden's Landskron and Slovakia's Kechnec near Kosice. The decision has been taken on 23 November 2016, and the transfer should be completed in the first quarter of 2017.

Sources

Citation

Eurofound (2016), SWEP SL, Reshoring in Slovakia, factsheet number 140, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/140.