Samsung Officially Announces It Will Close Its Plant in Galanta

Galanta, 27 February (TASR) - Samsung Electronics Slovakia has officially confirmed that it has decided to close its television manufacturing plant in Galanta (Trnava region), TASR was told by Jaroslav Zilka from Samsung Electronics Slovakia on Friday. Production will be phased out in several stages by May 2026. The gradual departure of employees is planned as of the end of June 2026. The logistics centre in the village of Gan near Galanta will continue to operate. "This step only affects the manufacturing plant. The Samsung brand will continue its existing business activities in Slovakia. At this point, we're focusing on responsibly managing the transition period, in particular on providing adequate compensation and support in finding new jobs for the affected employees," said Zilka, adding that the company made the decision to close the plant in Galanta based on an analysis of its global TV manufacturing network. According to Zilka, the decision isn't related to the business environment in Slovakia or government measures. "During the 24 years that the plant has been operating, Slovakia has always provided a high-quality environment for business development, contributing to Samsung's success in Europe. This decision reflects broader structural changes in the global TV manufacturing market, as well as the company's current global manufacturing strategy, one of the reasons being high energy prices in Slovakia," he added. Employees were informed of the planned termination of production on Friday, 27 February. As part of the optimisation of the company's global production network, current production from Slovakia will be redistributed to other production plants of the company in Europe and worldwide. The logistics centre in Gan, near Galanta, will remain in operation in Slovakia, employing approximately 700 people. "This centre serves as an important logistics hub for Samsung's European operations and plays a strategic role with potential for further development," added Zilka. Samsung Electronics Slovakia opened its manufacturing plant in Galanta in July 2003. Later, a logistics and distribution centre was added in the village of Gan. At the turn of 2007 and 2008, the South Korean company also opened a manufacturing plant in the Voderady industrial park, but it decided to close this in 2018. am/df