Type
Business expansion
Country
Hungary
Region
Dunantul; Del-Dunantul; Tolna
Location of affected unit(s)
Szekszárd
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

100 jobs
Number of planned job creations
Job creation
Announcement Date
20 October 2005
Employment effect (start)
Foreseen end date

Description

German company Koch Prezisionsdrehteile is to invest €3 million to expand its production capacity at its Szekszárd –based subsidiary Jaco Metal Factory. The current staff of 250 will be further increased by an extra 100 workers. The expansion follows a growing demand and the development and manufacturing of new products, such as electronic engines to be used in hospital beds and wheelchairs. These technologic innovations are to be carried out on the premises of the 8,000 square metres production facility in the Szekszárd Industrial Park. Koch first came to Hungary in 1998 to outsource its production. Since then, logistics have also been brought to Hungary.


Sources

  • 20 October 2005: Napi Gazdaság

Citation

Eurofound (2005), Jako Fémárugyár, Business expansion in Hungary, factsheet number 62424, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62424.