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2 clusters · 4 sources · 3 days · First seen · Last updated

Fritzmeier production facility closure in Slovakia

Overview

The German Fritzmeier Group has announced the closure of its FMB s. r. o. facility in Bánovce nad Bebravou, Slovakia, ending more than 20 years of operation. The company, which manufactured cabin structures and components for agricultural and construction machinery, intends to relocate production to sister plants in Germany and the Czech Republic.

The decision follows a period of financial decline. Between 2021 and 2025, the company accumulated losses exceeding 2.6 million euros, while annual revenues dropped from 9 million to 5 million euros.

A liquidation process is underway, including the sale of assets. The company, which employed 44 people at its last accounting, remains bound by a lease obligation for its production premises totaling approximately 645,000 euros until March 2028.

Entities

Fritzmeier · Bánovce nad Bebravou · SEZ Industry · SEZ Krompachy · SEZ Holding

Timeline

  1. [BUSINESS] 2 sources
    Slovak manufacturing sees factory rescue and plant closure

    Slovak industry sees mixed results as SEZ Krompachy is rescued from bankruptcy to save 200 jobs, while Fritzmeier announces the closure of its Bánovce nad Bebravou plant due to mounting losses.

  2. [BUSINESS] 2 sources
    Fritzmeier to close Slovak production facility in Bánovce nad Bebravou

    German Fritzmeier Group is closing its FMB s. r. o. plant in Bánovce nad Bebravou, Slovakia, relocating production to Germany and the Czech Republic following years of financial losses.

Sources

interez.sk · regiony.zoznam.sk · techbyte.sk · zurnal.pravda.sk