GE Hungary

Type
Business expansion
Country
Hungary
Region
Közép-Magyarország; Pest; Pest
Location of affected unit(s)
Veresegyház
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.1 - Manufacture of general-purpose machinery
28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
100 jobs
Number of planned job creations
Job creation
Announcement Date
7 October 2021
Employment effect (start)
1 October 2021
Foreseen end date
31 December 2021

Description

GE Hungary is announcing 100 new jobs in its turbine manufacturing plant in Veresegyház, central Hungary. The hiring for full-time workers is set to start in October 2021, ending in December 2021, due to the parent company investing HUF 10 billion (€27.78m) to expand the Veresegyház plant. GE Hungary is the Hungarian subsidiary of the US industrial company General Electric, which operates four manufacturing sites, three R&D centres and an operations centre in Hungary, with close to 4,000 employees.

Sources

Citation

Eurofound (2021), GE Hungary, Business expansion in Hungary, factsheet number 105460, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105460.