IEE Sensing Slovakia to create 337 jobs by 2018

THE government at its session on January 20 approved investment assistance for IEE Sensing Slovakia worth €4.58 million which is aimed at increasing the production capacity of the firm’s plant in Veľká Ida in Košice Region.

The government, at its January 20 2016 session, passed investment aid for IEE Sensing SlovakiaThe government, at its January 20 2016 session, passed investment aid for IEE Sensing Slovakia(Source: TASR)

The implementation of the investment, costing some €12.66 million, is spread over the years 2015-2017. A total of 337 new jobs should be created by the end of 2018.

Apart from the expansion of the plant, the firm also plans to establish a new research and development centre that will form part of the investment project in Veľká Ida. Production will be focused on detectors of steering wheel movements, electronic control units and devices for opening luggage compartments. The research and development centre will focus on developing new types of sensors. IEE Sensing also stated in its application that it would like to cooperate with Slovak universities.

IEE Sensing Slovakia’s main activity is the production of safety systems for detecting and classifying passengers in order to increase their protection in vehicles. It is a part of the IEE Group which is owned mainly by investors from China and Hong Kong. It employed 1,658 people and earned €156 million in 2013. 

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Owls indicate spring is coming

Male owls lured by bird calls fly in to take a look at the intruder.

Long-eared owl

“By a sharp knife” cuts through the heart of injustice in Slovakia

A film inspired by the 2005 murder of student Daniel Tupý will be premiered to the Slovak public on February 21.

Director Teodor Kuhn behind the scenes of Ostrým Nožom.

The moment that changed my perception of the media

One flew over the newsprint: Images from the history of the Sme daily

Alexej Fulmek (right) and Karol Ježík in the early days of Sme.