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 25 - Manufacture of fabricated metal products, except machinery and equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
300 jobs Number of planned job creations
Announcement Date
28 May 2007
Employment effect (start)
Foreseen end date
31 May 2009
Description
German Gretsch-Unitas Company, which is one of the biggest producers of metal construction parts, will establish its subsidiary in Slovakia. Its daughter company GU Slovensko will build a new production plant in Nitra industrial park. Greenfield investment in amount of 400 million SKK will start in July 2007. The first stage of the investment in which 150 new jobs will be created will finish in December 2007. Next 150 new jobs will be created there in the next two years. Different sorts of metal parts for windows and doors, including garage gates will be produced in the new plant.
Sources
28 May 2007: Hospodárske noviny
Citation
Eurofound (2007), GU Slovensko, Business expansion in Slovakia, factsheet number 65446, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65446.