Emerson Network Power

Type
Business expansion
Country
Slovakia
Region
Slovensko; Západné Slovensko; Trenčiansky kraj
Location of affected unit(s)
Nové Mesto nad Váhom
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
250 jobs
Number of planned job creations
Job creation
Announcement Date
19 July 2005
Employment effect (start)
1 January 2006
Foreseen end date
30 June 2006

Description

According to US Emerson Company CEO Georg Varmuza, the newest organisation unit of the company – Emerson Network Power Division will invest around SKK 130 million in Slovakia. A new production unit for will produce and assemble electronic systems into telecommunication equipments. Company’s subsidiary – Emerson Electric Slovakia already operates in the same city. Currently, Emerson employs 2,200 employees in Slovakia.

Sources

  • 19 July 2005: Hospodárske noviny

Citation

Eurofound (2005), Emerson Network Power, Business expansion in Slovakia, factsheet number 61948, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61948.