Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Hungarian freight transportation firm BHS Trans is to build four logistic sites in in Keszthely, Pécs, Debrecen and Szeged. Due to these new facilities, some 165 jobs will be created, most of them in the Debrecen site.
The whole investment project will cost approximately €23 million, about €10 of which will be covered by government subsidy.
The four new sites will have a total hall area of 22,000 square metres and a total office area of 2,000 square metres. The largest facility in Debrecen will start operating in early 2021.
BHS Trans is a prominent logistics firm in Hungary. One of its partners is the Hungarian energy drink manufacturer Hell Energy. As of now, it has four logistic centres. With the four new facilities being opened, the firm will have any point of the country within 150 km distance.
Eurofound (2020), BHS Trans, Business expansion in Hungary, factsheet number 101139, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101139.