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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
200 jobs Number of planned job creations
Announcement Date
3 April 2008
Employment effect (start)
3 April 2008
Foreseen end date
Description
Bridgestone Corporation, one of the biggest tyre and rubber manufacturers in the world, has announced that it is to create 200 new jobs by opening its first fully-automated production facility in Europe in an attempt to meet growing demand for high-performance, large rim-sized car tyres. The new plant is located in Tatabánya, about 50 km to the West from Budapest. Production of high-performance and large-rim sized radial tyres for passenger cars and light commercial vehicles is scheduled to reach 8,000 units a day in 2009. The value of the investment is €190 million.
Sources
4 April 2008: hrportal.hu
Citation
Eurofound (2008), Bridgestone, Business expansion in Hungary, factsheet number 66483, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66483.
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