The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(10 - 33) Manufacturing (16 - 17) Manufacture of wood and paper materials 17 - Manufacture of paper and paper products 17 - Manufacture of paper and paper products
150 jobs Number of planned job creations
Announcement Date
2 April 2009
Employment effect (start)
1 January 2011
Foreseen end date
Description
Danish-Hungarian consortium Portfolio Stars will create 150 new jobs in a new production plant for household and sanitary goods and toilet requisites in Hronovce nearby Levice. The company will invest 40.8 million Eur in the building of the new site which will be ready in 2011. For economic reasons Portfolio Stars will not use locally produced cellulose but will import it the from Nordic countries and South America.
Eurofound (2009), Portfolio Stars, Business expansion in Slovakia, factsheet number 68745, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68745.
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