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 (10 - 11) Manufacture of food and beverage 10.1 - Processing and preserving of meat and production of meat products 10.11 - Processing and preserving of meat, except of poultry meat
1,200 jobs Number of planned job losses
Announcement Date
8 December 2006
Employment effect (start)
Foreseen end date
Description
Some 1,200 employees are in danger of losing their jobs at Pápai Hús, a subsidiary of Carnex group. Carnex, Hungary's second largest meat processing company, has faced severe financial difficulties at other Hungarian units as well, such as Békéscsaba, Gyöngyös, Orosháza, etc., which have gone under liquidation already. Liquidation process has been launched against Pápai Hús as well.
Sources
8 December 2006: Magyar Nemzet
Citation
Eurofound (2006), Pápai Hús, Closure in Hungary, factsheet number 64644, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64644.