EMCC European Monitoring Centre on Change

Samsung Electronics Slovakia

Company/Organisation:
Samsung Electronics Slovakia

Geographic Location

Country: Slovakia
Region: Bratislavsky kraj; Bratislavsky kraj
Location of affected unit(s): Galanta

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
46 - Wholesale trade, except of motor vehicles and motorcycles

Employment Effects

Announcement Date: 23-11-2005
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2005
Planned Job Creation: 200

Additional Information

After a radical extension of production at its Galanta unit in 2004, Samsung Electronics has decided to build a new logistic and distribution centre for Central and Eastern Europe. About 200 new jobs will be created there in 2005. Samsung Electronics Slovakia has just started with building the planned new logistic centre in Galanta. After completion it will provide distribution services of all Samsung products to EU Countries and in other Central and East European countries. The SKK 750 million investment will provide distribution services not only for production plant in Galanta but also for Samsung plants in Hungary and east Asian region too. Currently Samsung employs in its subsidiaries in Slovakia 1,900 full-time and 1,500 seasonal employees.