Slovak industry faces shifts as companies relocate production

Several companies are restructuring their operations in Slovakia, leading to the closure of manufacturing plants and the relocation of production abroad.

The German group Fritzmeier is moving its manufacturing activities out of Slovakia, ending its approximately twenty-year presence in Bánovce nad Bebravou where it produced machine components.

Additionally, the company Hubert J. E., known for sparkling wines, will close its production plant in Šered by the end of the year. The company will shift its sparkling wine production to sister plants of the Bohemia Sekt group located in Staré Město and Mikulov in the Czech Republic. Hubert will maintain its presence in the Slovak market by focusing on sales and marketing.