The Motorola company is moving ahead with plans to convert the former
Tesla electronics plant in Pieštany to a new factory for the creation of electronic components. The company Motorola established for the purpose-Slovakia Electronics Industries, a.s., (SEI), has started to recruit personnel, and over 30 workers, mostly in the field of equipment repair and integrated circuits production, have already been hired, the SEI Board of Directors announced.
In addition to regular SEI employees, over 100 employees of contractors' firms have already been hired for preparatory and construction works in the firm's premises. SEI plans to gradually increase the number of employees and create about 1,500 jobs in 5 to 7 years.
According to preliminary plans published after the acquisition of the company in Slovakia,
Motorola should invest $90 million in 5 to 7 years. After achieving a full production capacity, the new Slovak-branch of the company is expected to put out $60 million worth of goods annually, designated for export. Initially the factory will mostly produce integrated circuits, but long-term plans also project it will manufacture finalised electronic products. However, what will be produced has not yet been decided.
"According to our schedule we must launch a pilot production of semiconductors by the end of this year," said Bob Aschieri, the chairman of the SEI Board of Directors. "We are optimistic as far as keeping of this goal is concerned...and we are looking forwards to further work that will lead towards the meeting of our long-term commitment in this region," he added.
12. Apr 1999 at 0:00 | SITA