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.
Alfod es Eszak; Eszak-Alfold; Szabolcs-Szatmar-Bereg
Location of affected unit(s)
NyÃregyháza
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
160 jobs Number of planned job creations
Announcement Date
29 June 2005
Employment effect (start)
1 August 2005
Foreseen end date
1 May 2006
Description
Swedish appliance maker Electrolux is to invest €20 million to supplement its plant in NyÃregyháza, Hungary. The larger factory is expected to produce 840,000 refrigerators a year. The expansion will create 160 jobs by May 2006. Electrolux is the world's largest producer of appliances and equipment for kitchen, cleaning and outdoor use.
Sources
30 June 2005: Világgazdaság
30 June 2005: Népszabadság
29 June 2005: Napi Gazdaság
Citation
Eurofound (2005), Electrolux, Business expansion in Hungary, factsheet number 61828, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61828.
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