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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
480 jobs Number of planned job creations
Announcement Date
5 May 2004
Employment effect (start)
Foreseen end date
Description
The German Leoni opened a new production unit in Ilava in May 2004. From September 2004 the unit will produce 860 cable packages per day for the BMW car producer. Leoni operates in Slovakia since 1992 and employs about 3,500 people in three subsidiaries in Trenčín, Trenčianska Teplá and Stará Turá. Almost all production is exported.
Sources
5 May 2004: Hospodárske noviny
Citation
Eurofound (2004), Leoni Autokabel Slowakia, Business expansion in Slovakia, factsheet number 60381, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60381.