Metal Produkt

Type
Reshoring
Country
Croatia
Reshoring from
Germany
Reshored business function
Production
Region
Hrvatska; Panonska Hrvatska; Vukovarsko-srijemska županija
Location of affected unit(s)
Vukovar
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.4 - Manufacture of metal forming machinery and machine tools
28.4 - Manufacture of metal forming machinery and machine tools
No information on job gains number available
Announcement Date
13 February 2017
Employment effect (start)
Foreseen end date

Description

Metal Produkt is a private Croatian company founded in 1967. The company currently has 220 employees. Because of higher labour costs in Germany and Austria, Metal Produkt decided to move its production to the city of Vukovar in Croatia. The company has been operating in Croatia since 2016. In early 2017, the company begun its operations in Vukovar (Croatia). Ivan Dzigumovic, the owner of the company, stated that establishing operations in Croatia was achieved without great efforts. His objective is to increase the number of employees of the Metal Produkt up from the current five. Detailed information disclosure is being expected.

Sources

Citation

Eurofound (2017), Metal Produkt, Reshoring in Croatia, factsheet number 137, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/137.