New investment by Handtmann.
It invests approximately 90 million euros in the auto parts business, creating around 160 jobs. The government applied for a subsidy of 22.5 million euros. The new plant will stand on a plot of 100,000 m². The company wants to start production at the end of next year and the start of a mass production is planned in 2021. The company should supply about 800,000 pieces of parts per year.
The German foundry company Handtmann operates several plants in Germany, China and since 2009 also in Košice, where it employs 200 workers. It is assumed that part of the former employees of the U. S. Steel Košice could also find job here.