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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
400 jobs Number of planned job creations
Announcement Date
21 July 2005
Employment effect (start)
21 July 2005
Foreseen end date
31 December 2006
Description
Sanyo, the Japanese manufacturer of solar power generators has built a new plant in Dorog, Hungary. The 5,000 square metres factory began operations in July 2005 with 150 employees. The production volume of the new factory is planned to be doubled in 2006. Sanyo plans to employ 300 to 400 workers in the new plant by the end of 2006.
Sources
21 July 2005: Népszabadság
Citation
Eurofound (2005), Sanyo Hungary, Business expansion in Hungary, factsheet number 61955, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61955.