EMCC European Monitoring Centre on Change

Yazaki Wiring Technologies

Company/Organisation:
Yazaki Wiring Technologies

Geographic Location

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

Company

Sector: Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Number Employed: 1800
Group: Yazaki

Employment Effects

Announcement Date: 16-04-2007
Type of Restructuring: Business expansion
Employment Effect Start: 01-04-2008
Foreseen End Date: 31-03-2011
Planned Job Creation: 1500

Additional Information

Previously Yazaki Wiring Technologies management announced it would create 3200 jobs and invest 500 million SKK at its plant in Michalovce by the end of 2007, however this has been changed to a creation of 1500 jobs and an investment of 1.7 billion. The company currently produces motor car cables for Ford and employs 1800 people at the plant and the increase in jobs and investment is to cater for the production of cables for BMW. 500 of the new jobs have now been filled and the next 400 jobs will be created by the end of 2008. The further 600 jobs are planned for the next three years.