EMCC European Monitoring Centre on Change

Dorchester Group of Companies

Dorchester Group of Companies

Geographic Location

Country: Slovakia
Region: Kosicky kraj; Vychodne Slovensko
Location of affected unit(s): Spišská Nová Ves


Sector: Construction
41 - Construction of buildings

Employment Effects

Announcement Date: 22-05-2007
Type of Restructuring: Business expansion
Employment Effect Start: 01-07-2009
Planned Job Creation: 5000

Additional Information

Representatives of British developer Dorchester Group of Companies will invest more than13 billion SKK in north Slovakian Spišská Nová Ves region. Initially, the range of investment was expected at around half of the amount. At present, the new investment project is administered by state authorities. According to the director of Dorchester Group of Companies, Gary Silver, construction works should start within the next two years and, the development project is planned to be accomplished within eight years period. This big project is focussed on development of tourism in very attractive country side of Slovakia. Around 5,000 new jobs will be created in the new tourism centre, which will provide attractive leisure time services for clients in summer as well as winter seasons.