EMCC European Monitoring Centre on Change



Geographic Location

Country: Slovakia
Region: Zilinsky kraj; Stredne Slovensko
Location of affected unit(s): Žilina


Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.

Employment Effects

Announcement Date: 22-10-2004
Type of Restructuring: Business expansion
Employment Effect Start: 01-03-2005
Planned Job Creation: 150

Additional Information

The Dutch Hollandia Company will build its subsidiary Hollandia Central Europe in the North Slovakia region where Hyundai-Kia Motors already planned significant investments. Service and assembly plant will cost about 300 million SKK and produce lifting devices for lorries. The Slovak government intends to support the investment by about 12 million SKK.