EMCC European Monitoring Centre on Change

Yazaki Wiring Technologies Slovakia

Company/Organisation:
Yazaki Wiring Technologies Slovakia

Geographic Location

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

Company

Sector: Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment
Group: Yazaki

Employment Effects

Announcement Date: 25-06-2004
Type of Restructuring: Business expansion
Foreseen End Date: 30-09-2004
Planned Job Creation: 460

Additional Information

Yazaki Wiring Technologies Slovakia operates in Slovakia since 1997. Recently it signed new contracts for Ford Motor Company and Daimler Chrysler (relocation from Yazaki subsidiary in Plzeň in the Czech Republic). About 460 new jobs will be created in its motorcar cables production unit in Michalovce in August-September 2004. After some reduction of unit production in 2003, the 2004 annual turnover is expected to increase to 92 million EUR.