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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Household Goods 46.46 - Wholesale of pharmaceutical goods
1,000 jobs Number of planned job creations
Announcement Date
16 November 2006
Employment effect (start)
21 September 2007
Foreseen end date
Description
Coloplast Hungary, a subsidiary of the Danish manufacturer of medical and health care products, signed a contract in October 2006 with the Ministry of Economy and Transport with a view to establishing a new facility in Hungary as well as increasing capacity of its plant in Tatabánya in Komárom-Esztergom county. The company presented a plan to the government proposing an investment of about HUF 26 billion (EUR 100 million), for the construction of the new facility in NyÃrbátor (in Szabolcs-Szatmár-Bereg county) as well as the creation of 1,000 new jobs (of which 600 jobs will be created at the NyÃrbátor facility by spring 2009). The facility in NyÃrbátor was opened in September 2007.
The company started its operations in Hungary in 2001 in Tatabánya and currently employ approximately 900. Recruitment and training started at the beginning of 2007 in rented buildings in NyÃrbátor and Tatabánya plant.
Sources
16 November 2006: Budapest Sun
15 December 2006: Népszabadság
21 September 2007: Budapest Business Journal
24 September 2007: hrportal.hu
Citation
Eurofound (2006), Coloplast Hungary, Business expansion in Hungary, factsheet number 64646, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64646.
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