PPS Group

Type
Business expansion
Country
Slovakia
Region
Slovensko; Stredné Slovensko; Banskobystrický kraj
Location of affected unit(s)
Detva
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.
500 jobs
Number of planned job creations
Job creation
Announcement Date
16 August 2010
Employment effect (start)
1 January 2010
Foreseen end date
31 May 2010

Description

Slovak PPS Group Company, a manufacturer of machines for earthworks, further expanded its business. From January to May 2010 it created 500 new jobs in Detva enterprise. The Company CEO, Pavol Šimkovič, is satisfied because the turnover of the company very closely approaches figures reached before the economic crisis in 2008.

Sources

  • 16 August 2010: Hospodárske noviny

Citation

Eurofound (2010), PPS Group, Business expansion in Slovakia, factsheet number 70819, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70819.