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.
Japanese auto industry supplier Seiren officially inaugurated a new plant in Pécs and 170 new jobs will be created at the new production site. The plant will produce synthetic leather seat covers for the European automotive industry.
The investment cost surpassed €42 million, almost one-third of which was provided by the Hungarian government as a non-refundable grant. The minister emphasized that the investment will contribute to the expansion of the Hungarian automotive industry.
The plant is the first European site of the company.
Eurofound (2023), Seiren Hungary, Business expansion in Hungary, factsheet number 109158, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/109158.
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