Feb 27 • 11:16 UTC 🇸🇰 Slovakia Postoj

The End of the Big Factory / Samsung Leaves Slovakia. 800 People Will Lose Their Jobs at the Galanta Plant

Samsung has announced the closure of its television production plant in Galanta, Slovakia, leading to 800 job losses amid ongoing struggles in the Slovak industry.

Samsung, the South Korean electronics giant, has made the decision to close its factory in Galanta, Slovakia, which has been dedicated to television manufacturing for several years. This decision comes as a significant blow to the Slovak industrial sector, as it highlights the increasing challenges faced by the industry in the country. Reports indicate that various sources close to the company confirmed the closure, raising concerns about the future of employment in the region.

Prime Minister Robert Fico responded to the news during a visit to the Slovalco aluminum plant, acknowledging the information about Samsung's plans to restructure its global manufacturing operations. Fico noted that he has been informed that the company is considering a realignment of its factories worldwide, which may involve scaling down production in certain locations, including Slovakia. He emphasized the importance of understanding how the company plans to replace the lost jobs if the television production is to be phased out in Slovakia.

So far, Samsung has not officially commented on the situation, and the implications of this decision extend beyond just job losses. It reflects broader global trends affecting manufacturing, as similar cuts are being implemented in the United States and China as well. The closure of the Galanta plant raises questions about the future of Slovakia’s industrial landscape and the potential need for diversification to mitigate the impact of such significant corporate decisions.

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