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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.01 - Computer programming activities
125 jobs Number of planned job creations
Announcement Date
11 May 2022
Employment effect (start)
1 October 2022
Foreseen end date
31 December 2023
Description
Solar Turbines Slovakia, which is part of the US Caterpillar group, is planning to launch a new technology centre in Kosice. The new centre will develop turbine software. According to the government, which approved an investment incentive of €3.38 million for the centre on 11 May 2022, 125 new jobs should be created at the new centre by 2023. Solar Turbines plans to spend €9.6 million on wage costs and will invest in long-term tangible assets worth €500,000 between 2021 and 2025. The firm specializes in medium-sized industrial gas turbines and to date it produced over 16,000 turbines that have been installed in over 100 countries.
Eurofound (2022), Solar Turbins, Business expansion in Slovakia, factsheet number 106833, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106833.
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