Honeywell Factory in Partizanske to End Production Completely This Autumn

Partizanske, April 16 (TASR) - Honeywell Safety Products Slovakia will permanently cease production in Partizanske (Trencin region) this autumn and gradually lay off its remaining employees, following the US company's decision in 2022 to relocate production due to high labour costs, a move that was communicated to the local authorities at the time, Partizanske mayor Jozef Bozik told TASR on Wednesday. "The Honeywell factory issued a statement back in 2022 that it would be winding down operations in Slovakia, relocating outside the country and Europe, and gradually laying off employees," said Bozik. Bozik went on to explain that the company decided to leave Slovakia due to high labour costs. "They considered the costs to be too high back in 2022 and chose to relocate operations to a country where the total cost per employee, including levies, is only 400 dollars [per month]," he said. The company in Partizanske specialises in the production of protective footwear and safety equipment and is part of US conglomerate Honeywell International. According to the latest available data, the average registered unemployment rate in Partizanske district stood at 3.04 percent. lin/df