The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.90 - Manufacture of other electrical equipment
150 jobs Number of planned job creations
Announcement Date
5 August 2016
Employment effect (start)
1 January 2017
Foreseen end date
31 December 2017
Description
Chinese producer of large-size displays and signage (billboards, LED video walls, 4K displays etc.), Leyard Shenzen Opto Electronics, will create 150 new jobs in its new factory in Presov Industrial Park Zaborske. Business expansion is attributed to the permanent increase in orders from customers looking for such customised displays. Presently, the company operates its small subsidiary in hired premises in Presov City, where about 50 employees assembly the displays. Leyard Shenzen Company will invest about €2.3 million into building its new factory where production lines, administration and a representative showroom will be set up until the end of 2016. To increase the production capacity, the Company will invest nearly €3 million by the end of 2017 and the total number of employees will increase to 200.
Sources
5 August 2016: Hospodárske noviny
5 August 2016: Netky SK
Citation
Eurofound (2016), Leyard Shenzen Opto Electronics, Business expansion in Slovakia, factsheet number 88373, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88373.
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