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 (26 - 27) Manufacture of electrical, electronic and optical products 27.5 - Manufacture of domestic appliances 27.5 - Manufacture of domestic appliances
100 jobs Number of planned job creations
Announcement Date
25 December 2016
Employment effect (start)
1 July 2017
Foreseen end date
Description
Foxconn Slovakia is expanding its production in the industrial park in the city of Nitra, which will create between 100-160 new jobs. Of the new jobs, 20-40 will be in administration and 80-120 in production. The company will invest around €400,000 in refurbishing an unused production hall and installing two new assembly lines there, which should be completed by mid-year 2017. Foxconn assembles LCD TVs and produces printed circuit boards using the SMT technology.
Foxconn Slovakia, a registered trademark of the Taiwan-based Hon Hai Precision Industry group, was established in 2010. Foxconn is a major consumer electronics producer in the world, supplying companies such as Microsoft, Apple and Hewlett-Packard.
Sources
25 December 2016: TERAZ.SK
Citation
Eurofound (2016), Foxconn Slovakia, Business expansion in Slovakia, factsheet number 89745, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89745.
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