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 (13 - 15) Manufacture of textiles, apparel and leather 15 - Manufacture of leather and related products of other materials 15 - Manufacture of leather and related products of other materials
447 jobs Number of planned job creations
Announcement Date
1 July 2005
Employment effect (start)
1 July 2005
Foreseen end date
31 December 2005
Description
Italian footwear company Geox is to extend its production at its Slovak subsidiary. Geox has been operating in Slovakia since 2002. New investment amounting to €3 million will increase the production capacity from 90,000 to 350,000 pairs of shoes per year.
Sources
1 July 2005: Hospodárske noviny
1 July 2005: SME
Citation
Eurofound (2005), Geox Slovakia, Business expansion in Slovakia, factsheet number 61829, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61829.