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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 22.1 - Manufacture of rubber products 22.12 - Manufacture of other rubber products
180 jobs Number of planned job creations
Announcement Date
18 April 2018
Employment effect (start)
1 May 2018
Foreseen end date
1 April 2019
Description
The Swiss company Lonstroff, a member of the Japanese group Sumitomo Rubber Industries, will invest €43 million in a new medical elastomere factory in Logatec. The investment is going to create 180 new jobs by April 2019 when Lonstroff plans to launch a new production of rubber shields for tubes and other medical devices. The government will contribute with a financial incentive amounting to €4.8 million. Lonstroff signed a contract with the Slovenian government on 18th April and will start building the factory in May 2018.
Sources
18 April 2018: Finance
18 April 2018: CNBC
Citation
Eurofound (2018), Lonstroff, Business expansion in Slovenia, factsheet number 93823, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93823.
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