EMCC European Monitoring Centre on Change

Glunz&Jensen

Company/Organisation:
Glunz&Jensen

Geographic Location

Country: Slovakia
Region: Presovsky kraj; Vychodne Slovensko
Location of affected unit(s): Prešov

Company

Sector: Manufacturing
Manufacture of chemicals and chemical products
20.59 - Manufacture of other chemical products n.e.c.

Employment Effects

Announcement Date: 02-12-2004
Type of Restructuring: Business expansion
Employment Effect Start: 01-03-2005
Foreseen End Date: 31-12-2005
Planned Job Creation: 250

Additional Information

The Danish Glunz&Jensen considered the recommendation of the Centre for Economic Development of the U.S. Steel Company in Košice and decided for a SKK 55 million investment to establish a new production plant in the East Slovakian region. The company will invest an additional €100 million to develop new products for its customers which are mainly Kodak, Fuji, Agfa and Heidelberg.