EMCC European Monitoring Centre on Change

Konesko

Company/Organisation:
Konesko

Geographic Location

Country: Estonia
Region: Kesk-Eesti; Eesti

Company

Sector: Manufacturing
Manufacture of electrical equipment
27.1 - Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus
Number Employed: 388

Employment Effects

Announcement Date: 12-09-2018
Type of Restructuring: Business expansion
Employment Effect Start: 01-03-2019
Foreseen End Date: 01-09-2019
Planned Job Creation: 50

Additional Information

Konesko AS, an Estonian company manufacturing electric motors and electric components, announced the creation of at least 50 new jobs.

The new jobs will be created in a new plant, the construction of which should end in spring 2019. At that time, new workforce will be recruited, so that the production of electric motors can begin by the autumn. The exact profiles of the new employees have not been announced.

The new building will be the fourth plant of the company and the most efficient one as it will be fully equipped with new, modern technology, which allows a high degree of automation. The cost of the plant is €10 million and the production will be fully exported.

Sources: