Vaillant Slovakia

Type
Business expansion
Country
Slovakia
Region
Slovensko; Západné Slovensko; Trenčiansky kraj
Location of affected unit(s)
Trenčianske Stankovce
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
250 jobs
Number of planned job creations
Job creation
Announcement Date
22 February 2005
Employment effect (start)
9 June 2005
Foreseen end date
31 December 2006

Description

Vaillant Group has extended its activities in Slovakia. In addition to the current Vaillant subsidiary Protherm Company located in Skalica, which became a part of the group in 2001, the new production unit will be established nearby Trenčín. The investment of more than SKK 200 million will produce components for heating boilers. The main customers of the new production unit will be Vaillant subsidiaries in Skalica, Germany, France and UK.

Sources

  • 22 February 2005: Hospodárske noviny
  • 10 June 2005: SME

Citation

Eurofound (2005), Vaillant Slovakia, Business expansion in Slovakia, factsheet number 61163, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61163.