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.
Premium Sound Solutions (PSS) Hungary, the Hungarian subsidiary of Premium Sound Solutions group, a manufacturer of premium audio equipment for automotive clients, has inaugurated a new production hall in Székesfehérvár, in the Central Transdanubia region. The test operation of several production lines has already started. Once the plant reaches full capacity, in approximately 3 years, it will employ around 110 workers.
PSS Hungary mostly, but not exclusively, produces high-quality in-vehicle sound systems for OEMs such as BMW, Mercedes-Benz, Stellantis and Volkswagen. The new production hall will operate as an injection moulding plant, manufacturing plastic components and parts not only for the Székesfehérvár production site but also for several other sites in Belgium and Germany.
Since 2024, the majority owner of PSS group has been China-based technology company AAC Technologies.
Eurofound (2026), Premium Sound Solutions Hungary, Business expansion in Hungary, factsheet number 301041, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301041.