IEE Sensing

Type
Business expansion
Country
Slovakia
Region
Slovensko; Východné Slovensko; Košický kraj
Location of affected unit(s)
Kechnec
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
350 jobs
Number of planned job creations
Job creation
Announcement Date
14 July 2009
Employment effect (start)
1 January 2010
Foreseen end date
31 December 2010

Description

IEE Sensing, a producer of sensors from Luxembourg, is to create about 350 new jobs in Kechnec Industrial park, near Kosice.

The company will invest 4.2 million Euro to produce components for the car industry. The new jobs will partially offset job losses caused by the planned closure of the American Molex plant. The Government decided to provide a state aid of 2 million Euro to the company.

Sources

  • 14 July 2009: SME

Citation

Eurofound (2009), IEE Sensing, Business expansion in Slovakia, factsheet number 69283, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69283.