EMCC European Monitoring Centre on Change

Železiarne Podbrezová

Company/Organisation:
Železiarne Podbrezová

Geographic Location

Country: Slovakia
Region: Banskobystricky kraj; Stredne Slovensko
Location of affected unit(s): Podbrezová

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.2 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
Number Employed: 3280

Employment Effects

Announcement Date: 18-02-2010
Type of Restructuring: Business expansion
Employment Effect Start: 01-03-2010
Foreseen End Date: 31-03-2010
Planned Job Creation: 140

Additional Information

Zelezniarne Podbrezova, a Slovak producer of seamless pipes, planned to create about 100 new jobs in March 2010. According to the company CEO, Vladimír Soták, its economic situation is improving and after waves of dismissals in 2009, a healthy recovery from the economic downturn seems to be possible.
Increasing number of orders have spurred increased production and the company actually created 140 new jobs in the expansion.