Donghee Industrial

Type
Business expansion
Country
Slovakia
Region
Slovensko; Stredné Slovensko; Žilinský kraj
Location of affected unit(s)
Strečno
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
200 jobs
Number of planned job creations
Job creation
Announcement Date
30 August 2005
Employment effect (start)
1 January 2007
Foreseen end date

Description

The South Korean company Donghee has responded to demands of Kia Motors and will build a new production unit in nearby Žilina in value of around SKK 1.4 billion. According to the representative of the Strečno municipality there are no problems foreseen with the ground ownership because the new plant will be located in the local industrial park. Company has started with hiring the employees. New investment is considered as very helpful for the development of the region where the unemployment rate is between 13 and 17%.

Sources

  • 30 August 2005: SME

Citation

Eurofound (2005), Donghee Industrial, Business expansion in Slovakia, factsheet number 62154, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62154.