EMCC European Monitoring Centre on Change

Magna International

Magna International

Geographic Location

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


Sector: Manufacturing
Manufacture of transport equipment
29.31 - Manufacture of electrical and electronic equipment for motor vehicles
Number Employed: 0

Employment Effects

Announcement Date: 21-04-2022
Type of Restructuring: Business expansion
Employment Effect Start: 01-10-2022
Foreseen End Date: 31-12-2027
Planned Job Creation: 600

Additional Information

Canada-based Magna International (Magna), a company producing electronical equipment, is opening a new plant in Kechnec, Slovakia and will hire 600 new people until 2027. The brownfield facility will manufacture Level 2 ADAS solutions, as well as technologies for the electric vehicle market, such as advanced front camera modules and in-cabin cameras, electronic control units for inverters used in electric vehicles. Presently, Magna is hiring for a number of roles, including managers, operators and engineers. The facility located on an area of around 22,000 square metres will start operations with 100 workers in the fourth quarter of 2022 and then will reach 600 employees by 2027.