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.
Manufacturing Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.4 - Manufacture Of Games And Toys
No information on job gains number available
Announcement Date
24 January 2015
Employment effect (start)
1 January 2015
Foreseen end date
1 December 2015
Description
Marklin is a German producer of toys, famous for producing locomotive models. In recent years, the company has adopted cost saving strategies, which involved offshoring and relocation to China. However, in 2015 the company invested in a plant in Gyor (Hungary) in order to nearshore production. Sources are not clear regarding the number of new jobs created through the nearshoring.
Sources
24 January 2015: NWZ
26 August 2015: KPMG press release
Citation
Eurofound (2015), Marklin, Reshoring in Hungary, factsheet number 200, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200.
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