EMCC European Monitoring Centre on Change

Gronbach

Company/Organisation:
Gronbach

Geographic Location

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

Company

Sector: Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment

Employment Effects

Announcement Date: 20-07-2004
Type of Restructuring: Business expansion
Planned Job Creation: 100

Additional Information

Gronbach, the German producer of components for manufacturing of household appliances will start production in its new unit in the Michalovce industrial zone in January 2005. About 100 employees will work there in the first stage of the investment, which is expected to reduce the 28% unemployment rate in the region.