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 energy drink producer Hell Energy inaugurated its new production capacity expansion project in Szikszó, Northern Hungary. The expansion has created 240 new jobs to date.
The expansion was jointly implemented with Quality Pack, a subsidiary of Hell Energy with a drink packaging production profile. The newly established production building includes a new can manufacturing line and two new filling lines, combining the two different activities under one roof.
Hell Energy is a market leader in various countries, and the firm's products are present in 60 countries. As a result of the expansion, the Szikszó plant became the largest factory in the world that produces both drink products and aluminium packaging for drinks.
The investment cost was €228 million.
Eurofound (2024), Hell Energy Magyarország, Business expansion in Hungary, factsheet number 201263, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201263.