Type
Closure
Country
Hungary
Region
Kozep-Magyarorszag; Kozep-Magyarorszag; Budapest
Location of affected unit(s)
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Other Manufacturing
32 - Other manufacturing

110 jobs
Number of planned job losses
Job loss
Announcement Date
14 July 2005
Employment effect (start)
Foreseen end date

Description

Medicor, the oldest and largest representative of the Hungarian medical engineering industry is in liquidation. The company accumulated debts that totalised HUF 300 million (over €1 million). The closure will affect 110 workers.


Sources

  • 14 July 2005: Népszabadság

Citation

Eurofound (2005), Medicor, Closure in Hungary, factsheet number 61938, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61938.