Nuritech SK

Type
Business expansion
Country
Slovakia
Region
Slovensko; Západné Slovensko; Nitriansky kraj
Location of affected unit(s)
Hurbanovo
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
450 jobs
Number of planned job creations
Job creation
Announcement Date
15 January 2005
Employment effect (start)
1 July 2005
Foreseen end date

Description

Nuritech, sister company of the Samsung group, will invest €8 million in Slovakia. According to Jin Woo Kim, the managing director of Nuritech Slovakia, the decision of investing was based on good experiences of Samsung Electronics operating in Slovakia and, available qualified labour force. The city of Hurbanovo expects about 8 million SKK state allowance for regional development too.

Sources

  • 17 January 2005: Hospodárske noviny
  • 15 January 2005: SME
  • 15 January 2005: Pravda

Citation

Eurofound (2005), Nuritech SK, Business expansion in Slovakia, factsheet number 61038, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61038.