Spectator on facebook

Spectator on facebook

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 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. 

Top stories

Governmental campaign should bring Slovaks home from the UK

The Slovak cabinet plans to persuade its expats living and working in the UK with at least a bachelor degree to return home: a campaign offering specific jobs should help.

Young researchers, IT experts and medical staffers are needed in Slovakia, illustrative stock photo.

EU lawyers claiming the Russian annexation of Crimea as legal is a hoax

One lawyer does not mean all EU lawyers; immigrants attacking a shepherd dog and HAARP causing hurricanes in the US are hoaxes, too.

Hoax on immigrants attackign two German shepdherds and ebing bitten yb them

Co-founder and co-owner of Sme daily dies

A major Slovak entrepreneur, Peter Vajda, died in Prague on October 15. He was exceptional for his innate sense of democracy and believing in equal opportunities for all.

Peter Vajda

Šefčovič: Slovakia’s economy has grown 60 percent since joining the EU

Slovak consumers are growing economically stronger and will be an important stabilisation factor in the future

European Commission Vice-president for Energy Union Maroš Šefčovič