Spectator on facebook

Spectator on facebook

MinebeaMitsumi is building a brand new plant in Košice

The Japanese company plans to employ 1,100 people, of which 100 will work in R&D.

Representatives of the Japanese company MinebeaMitsumi and Slovakia ceremonially launched construction of a new plant.(Source: SITA)

The Japanese company MinebeaMitsumi has launched an engineering and electronic industry plant in Košice. It plans to invest €60 million at least and employ 1,100 people, making the investment one of the most significant business activities in the region. It will be the company’s most modern and biggest producer of mechatronic propulsion systems and electric engines for industrial purposes, including the automotive sector, in Europe. Production should start here during the first quarter of 2018.

Apart from company representatives, Prime Minister Robert Fico and Košice Mayor Richard Raši also attended the ceremony. Raši highlighted that an investor of this type has been missing in Košice so far.

“Maybe the name of this company does not mean anything to an ordinary consumer but we use most of their products daily in mobile phones, ordinary household appliances and cars,” said Raši as cited by the Korzár daily.

Read also: Read also:Japanese Minebea company invests in Košice

Meanwhile, the Slovak government is due to debate the company’s request for state investment assistance, amounting to €20 million. This means that the investment stimulus for the creation of one job should be about €17,500.

PM Fico praised the company’s decision to place the investment in the somewhat underdeveloped east of Slovakia. He also welcomed the fact that MinebeaMitsumi is going to support activities in science and research and has plans for cooperation with the Technical University. Thus as well as established sectors such as steel production and IT, this region is now getting the standard industrial production, which is so typical for Slovakia, said Fico

If the project is successful, a second phase will continue.

Earlier this year, the company Minebea, completed the acquisition of the company Mitsumi Electric.

Topic: Industry


This article is also related to other trending topics: IT

Top stories

Slovak scientist in the US: Slovak science needs more than just money to thrive

It seems as if we do not want skilled scientists to return home, says Dominika Truban, who founded a platform connecting Slovak researchers abroad and at home.

Dominika Truban

The Education Ministry to restore the analytical institute

The institute that is part of the Value for Money initiative was merged with another body at the beginning of the year.

Education Minister Martina Lubyová

Blog: Helping others helps your company too

Tatiana Čaplová, Program Coordinator for CSR at the Pontis Foundation, offers a very interesting look behind the scenes of the most successful CSR event in Slovakia - Naše Mesto (Our City).

Bratislava