Samsung Electronics to close one of two assembly plants in Slovakia

Reuters  |  BRATISLAVA/SEOUL 

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

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

said combining the two plants was to improve efficiency.

All workers at the would be offered the chance to move to Galanta on a voluntary basis with equal working condition, the company said.

"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 in that the South Korean would close one of the plants and all 568 core employees would be offered a transfer to another facility.

(Reporting By in and Ju-min Park in SEOUL; Editing by and Tom Hogue)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, January 27 2018. 07:53 IST