Kendrion-Ferrex

Type
Business expansion
Country
Slovakia
Region
Slovensko; Stredné Slovensko; Žilinský kraj
Location of affected unit(s)
Čadca
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
150 jobs
Number of planned job creations
Job creation
Announcement Date
16 June 2005
Employment effect (start)
15 June 2005
Foreseen end date
31 December 2005

Description

Kendrion-Ferrex, the new subsidiary of the Swedish company Kendrion will produce metal parts for Volvo and for other car producers, e.g. Scania. Presence of PSA Peugeot Citroën and Kia Motors in Slovakia was the decisive factor for the allocation of this SKK 200 million investment.

Sources

  • 16 June 2005: Hospodárske noviny

Citation

Eurofound (2005), Kendrion-Ferrex, Business expansion in Slovakia, factsheet number 61879, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61879.