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 (10 - 11) Manufacture of food and beverage 10.1 - Processing and preserving of meat and production of meat products 10.11 - Processing and preserving of meat, except of poultry meat
346 jobs Number of planned job losses
Announcement Date
14 June 2005
Employment effect (start)
Foreseen end date
Description
The meat combine of Gyula Plc is one of the largest meat industrial companies in Hungary. The company plans to reduce the number of workers by up to 35% because of heavy losses since 2002. The dismissals will affect 346 employees.
Sources
14 June 2005: Világgazdaság
Citation
Eurofound (2005), Gyulai Húskombinát, Internal restructuring in Hungary, factsheet number 61746, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61746.