Yssel

Type
Business expansion
Country
Slovakia
Region
Slovensko; Západné Slovensko; Nitriansky kraj
Location of affected unit(s)
Palárikovo
Sector
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
560 jobs
Number of planned job creations
Job creation
Announcement Date
14 December 2007
Employment effect (start)
Foreseen end date
31 December 2011

Description

Yssel, a producer of steel frames, including iron bars and roofs and roof elements, has announced that it is to create 560 new jobs with the development of a subsidiary in Palárikovo by the end of 2011. This greenfield investment is worth SKK 1.17 billion. Almost all production will be exported, mainly to Germany and the Netherlands. The company receives assistance from the Government for the creation of the new jobs.

Sources

  • 14 December 2007: SME

Citation

Eurofound (2007), Yssel, Business expansion in Slovakia, factsheet number 66150, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66150.