Embraco

Type
Business expansion
Country
Slovakia
Region
Slovensko; Východné Slovensko; Košický kraj
Location of affected unit(s)
Spišská Nová Ves
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
300 jobs
Number of planned job creations
Job creation
Announcement Date
7 July 2010
Employment effect (start)
7 July 2010
Foreseen end date
31 December 2010

Description

Embraco Slovakia is to expand its business in Spišská Nová Ves and create about 300 new jobs before the end of 2010. Investment of around 20 million Euro is aimed at the production of an innovated type of domestic cooling compressor. About 100 new jobs are to be created at the company's subcontractors.

Sources

  • 7 July 2010: Hospodárske noviny ()

Citation

Eurofound (2010), Embraco, Business expansion in Slovakia, factsheet number 70775, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70775.