SEWS Slovakia

Type
Offshoring/Delocalisation
Country
Slovakia
Region
Slovensko; Západné Slovensko; Nitriansky kraj
Location of affected unit(s)
Topolcany
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27.3 - Manufacture of wiring and wiring devices
27.3 - Manufacture of wiring and wiring devices
New offshoring locations
Romania
398 jobs
Number of planned job losses
Job loss
Announcement Date
29 July 2015
Employment effect (start)
31 July 2015
Foreseen end date

Description

Japan Sumitomo Electric Wiring Systems subsidy, SEWS Slovakia, closed its plant in Topolčany. The company notified the mass dismissal of all 398 employees to the local labour office. According to SEWS Slovakia CEO, Mike Lawson, the decision is attributed to price competition and difficulties to keep production costs under control. Production activities will be offshored to Romania.

Sources

  • 29 July 2015: Hospodárske noviny
  • 28 July 2015: Novy cas

Citation

Eurofound (2015), SEWS Slovakia, Offshoring/Delocalisation in Slovakia, factsheet number 84409, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/84409.