Spectator on facebook

Spectator on facebook

450 new jobs to be created in Čadca

A supplier to the automotive industry plans to produce plastic components for cars.

Illustrative stock photo(Source: SME)

The South Korean company Seoyon E-Hwa Automotive Slovakia wants to open its third plant in the country in Čadca (Žilina Region), planning to create 450 new jobs. The plant should produce plastic components for various parts of vehicles.

“Regarding the increasing demand for our products, and also the growing automotive industry in Slovakia, the Czech Republic and Poland, we need to build a new production and logistics complex,” the company wrote in its investment project, submitted for environmental impact assessment, as quoted by the SITA newswire.

The company plans to invest €31 million into its new plant. The sum, however, is not necessarily final.

“Regarding the changes in the costs of construction work or technical equipment, the investment costs are only preliminary,” the project reads, as quoted by SITA.

Construction is expected to start this year, while production may be launched at the end of next year. The production itself will be carried out by injection moulding machines and single-purpose devices, the TASR newswire reported.

Seoyon E-Hwa Automotive Slovakia already has two plants in Dubnica nad Váhom and Považská Bystrica (both in Trenčín Region). It launched its business in Slovakia in 2005 under the name Hanil E-Hwa. It is part of the Seoyon E-Hwa group, SITA wrote.

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.

Topic: Industry


Top stories

NAKA detains businessman Kočner

The shady businessman featured in several scandals was detained June 20 in connection to questionable promissory notes and tax-related crimes.

Marián Kočner

Last Week in Slovakia: Farmers staged a protest by driving across the country Audio

Listen to all the headlines from The Slovak Spectator's news podcast.

Farmers also met President Andrej Kiska in Bratislava

Report: Slovak-made arms could end up in terrorist hands

A report published at GLOBSEC points out that arms coming form Slovakia were used in Charlie Hebdo and Munich mall attacks.

Illegal arms keep surfacing in Slovakia as well. Illustrative stock photo

What are the biggest challenges of Slovak journalism?

Trust in the media slightly increased following the murder of journalist but it may not last.