January 27, 2018 / 2:22 AM / 9 months ago

Samsung Electronics to close one of two assembly plants in Slovakia

BRATISLAVA/SEOUL (Reuters) - South Korea’s Samsung Electronics (005930.KS) said on Saturday that it would consolidate its TV production plants in Slovakia, closing one of the two facilities in the European country.

FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, August 25, 2017. REUTERS/Kim Hong-Ji/File Photo

Samsung has two assembly plants in Slovakia - at Galanta and Voderady - primarily making LCD TVs.

Samsung said combining the two plants was to improve efficiency. All workers at the Voderady plant would be offered the chance to move to Galanta on a voluntary basis with equal working condition, the company said.

“Samsung Electronics is consolidating its production facilities in Voderady and Galanta in order to enhance its synergy and efficiency, “ it said in an emailed statement.

The announcement followed a local media report in Slovakia that the South Korean electronic giant would close one of the plants and all 568 core employees would be offered a transfer to another facility.

Reporting By Tatiana Jancarikova in BRATISLAVA and Ju-min Park in SEOUL; Editing by Susan Fenton and Tom Hogue

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