EMCC European Monitoring Centre on Change

Alcan

Company/Organisation:
Alcan

Geographic Location

Country: Slovakia
Region: Nitriansky kraj; Zapadne Slovensko
Location of affected unit(s): Levice

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.42 - Aluminium production

Employment Effects

Announcement Date: 28-06-2006
Type of Restructuring: Business expansion
Planned Job Creation: 200

Additional Information

Canadian Alcan Company decided to establish its European subsidiary in Slovakia in Levice industrial zone Geňa. The decision to invest in Slovakia was announced by Alcan PR manager Mr Alexander Christensen already in January 2006 but the contract on lease of land was signed only recently. Aluminium profiles for central and east European construction and machinery industry will be produced in new production plant, which is a Greenfield investment of SKK 1.12 billion. Around 200 new jobs will be created there in the first stage of the investment. According to the representative of local municipality Mr Štefan Miššák, Italian, French, Swedish and German companies announced their serious interest to run business in that industrial zone, too.