EMCC European Monitoring Centre on Change

Sony Slovakia

Company/Organisation:
Sony Slovakia

Geographic Location

Country: Slovakia
Region: Nitriansky kraj; Zapadne Slovensko
Location of affected unit(s): Nitra

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Group: Sony

Employment Effects

Announcement Date: 21-09-2006
Type of Restructuring: Business expansion
Employment Effect Start: 01-09-2007
Foreseen End Date: 31-12-2008
Planned Job Creation: 3360

Additional Information

Japanese company Sony, which operates in Slovakia since 1996, will expand its business activities in the country. Sony belongs to the most important exporters in Slovakia and around 98% of the production is exported. Now, Sony management decided to establish a new production plant in Nitra. The greenfield investment in a value of more than SKK 2 billion will produce the new generation of LCD televisions, for example Bravia TV brand will be launched there. According to the vice-president of Sony Europe Serge Fouche, production will start in September 2007 and the full production capacity is assumed in course of the year 2008. Around 3,000 new jobs will be created in the new production plant and the new investment will reduce the 10% unemployment in the region. Subcontractors can create even more jobs there. Sony management negotiates with the government about provision of state aid. Sony management have also decided to build a new logistic and supply centre in Nitra. The investment of around 890 million SKK will take effect by the end of 2007. Completed products as well as different sorts of components will be stored in the centre, which will spread over a 9.2 hectare area. In total 360 employees, of whom 60 are administrative workers, will work there by the end of July 2008. The new logistic centre will provide services for around 150 lorries daily.