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 (24 - 25) Manufacture of metals 24.5 - Casting of metals 24.5 - Casting of metals
250 jobs Number of planned job creations
Announcement Date
30 January 2006
Employment effect (start)
Foreseen end date
31 December 2006
Description
The German company Handtmann will establish its first subsidiary in Slovakia. Handtmann has two plants in Europe with an annual sales value of more than €220 million. These plants are located in the cities of Biberach and Annaberg where around 1,000 employees are employed. Companies in the automotive industry will be the main customers of the new plant’s production.
Sources
30 January 2006: Hospodárske noviny
Citation
Eurofound (2006), Handtmann, Business expansion in Slovakia, factsheet number 62888, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62888.