MSC

Type
Closure
Country
Hungary
Region
Dunántúl; Nyugat-Dunántúl; Vas
Location of affected unit(s)
Oriszentpeter
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
15 - Manufacture of leather and related products of other materials
15 - Manufacture of leather and related products of other materials
206 - 210 jobs
Number of planned job losses
Job loss
Announcement Date
4 January 2006
Employment effect (start)
4 January 2006
Foreseen end date

Description

Szombathely-based MSC Hungary Kft will end its shoe production in Oriszentpéter, west Hungary, as the company is liquidated. This closure means the dismissal of 210 employees. MSC used to manufacture Marc shoes, but could not repay loans. MSC was established in 1990 and the company employed 2,700 people in its best period.

Sources

  • 4 January 2006: Népszabadság

Citation

Eurofound (2006), MSC, Closure in Hungary, factsheet number 62757, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62757.