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.
EMA-LION Bonyhádi Zománcáru Kft., a Hungarian porcelain manufacturer, has announced the liquidation of its historic Bonyhád plant, bringing an end to operations at Hungary’s last traditional enameled cookware factory. The company will lay off its entire workforce, comprising roughly 150 employees. Liquidation proceedings began a couple of days before the announcement on 26 August 2026 and are expected to conclude once the liquidator terminates all employment contracts.
The shutdown follows years of financial distress that left many workers unpaid. It will be the task of the liquidator, to be appointed by the commercial court, to settle outstanding wages, benefits payable during the notice period and severance pay. The Vasas Trade Union Federation has confirmed the news and is working to ensure that all employees depart under the best possible terms.
The Bonyhád mayor offers mediation between the affected workers and employers in the region. According to the mayor, the region is experiencing a labour shortage, so those made redundant may be able to find new jobs in a relatively short time.
Eurofound (2026), EMA-LION Bonyhádi Zománcáru, Bankruptcy in Hungary, factsheet number 300973, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300973.
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