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 Manufacture Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14.13 - Manufacture of other outerwear
New offshoring locations
China
250 jobs Number of planned job losses
Announcement Date
27 June 2006
Employment effect (start)
27 July 2006
Foreseen end date
Description
The Székesfehérvár unit of Tulipán Ruhaipari Rt., one of the three Hungarian units of the Spanish Grupo Cortefiel, which manufactures primarily men's jackets for French, Portuguese and Spanish markets, is being closed down and all 250 employees are being laid off. Manufacturing will be moved to North Africa and to China for lower production costs. The local employment office has been notified of the mass redundancy. Employees will take remaining days off and the shortest term of notice will be one month; further details of the dismissals are to be negotiated with employee representatives. The company is making attempts to sell the unit so that cloth maufacturing can continue there and at least some of the employees can be employed in the future. The other two factories of Cortefiel Group (Women's Secret Kereskedelmi Kft. and Springfield Hungary Kereskedelmi Kft.) are not affected by the closure of the Székesfehérvár unit but so far it is unclear what happens to the logistics and administrative centre of Cortefiel which is also located in Székesfehérvár.
Sources
27 June 2006: Napi Gazdaság
Citation
Eurofound (2006), Tulipán Ruhaipari Rt., Offshoring/Delocalisation in Hungary, factsheet number 63848, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63848.
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