Electrolux

Type
Business expansion
Country
Hungary
Region
Alföld és Észak; Észak-Alföld; Szabolcs-Szatmár-Bereg
Location of affected unit(s)
Nyíregyháza
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
160 jobs
Number of planned job creations
Job creation
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 Nyíregyháza, 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://apps.eurofound.europa.eu/restructuring-events/detail/61828.