Norwegian Timms to invest €10m in Trenčín

Norwegian company Timms is planning a €10m investment that will increase by half the production capacity of its Trenčín plant for the production of ropes for ships, yachts, and oil rigs. The number of employees will increase by 40 to 140 upon project completion in 2028. The plant lost €0.4m last year and saw its sales increase by 11% to €10.6m.

(dennikN.sk)