EMCC European Monitoring Centre on Change

Welding Operations Services Slovakia

Company/Organisation:
Welding Operations Services Slovakia

Geographic Location

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

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
Group: Air Liquide Welding

Employment Effects

Announcement Date: 10-08-2006
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2006
Planned Job Creation: 176

Additional Information

Welding Operations Services Slovakia is a Greenfield investment of French Air Liquide Welding Company. New production plant in a value of SKK 280 million has been established in 2004-5. Welding machines and battery chargers are produced there – currently around 10,000 pieces per month. In total 176 new jobs will be created in the subsidiary till the end of 2006. In 2007 a full capacity production is planned with annual sales revenue in amount of SKK 957 million. The Slovak Government will provide SKK 46.9 million state aid for the company.