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
Number Employed: 550
Group: Yazaki

Employment Effects

Announcement Date: 13-11-2004
Type of Restructuring: Business expansion
Employment Effect Start: 01-05-2005
Foreseen End Date: 31-12-2005
Planned Job Creation: 1300

Additional Information

Yazaki Wiring Technologies Slovakia expands its production of motorcar cables in Slovakia. The company will invest 3 million euros for three new projects in 2005. In addition to current 550 employees, about 800 new jobs will be created in Michalovce and 500 in Stropkov. The main customers remain Ford and Chrysler, but Kia Motors Slovakia is considered as a potential customer too.

Sources:

15-11-2004Hospodárske noviny
13-11-2004SME