Type
Internal restructuring
Country
Hungary
Region
Alfod es Eszak; Eszak-Alfold; Jasz-Nagykun-Szolnok
Location of affected unit(s)
Nyíregyháza
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

60 jobs
Number of planned job losses
Job loss
Announcement Date
3 December 2008
Employment effect (start)
31 January 2009
Foreseen end date
31 January 2009

Description

Against the backdrop of the global financial crisis, Lindab Astron, Europe’s largest manufacturer of steel buildings, has announced its decision to implement cost-reduction measures, resulting in the dismissal of 60 workers (out of 250) at its Nyíregyháza plant by the end of January 2009. 

The Lindab Group bought the factory in Nyíregyháza from Butler Manufacturing Company in 2002. The plant produces steel structures for simplified constructions, mainly for export and is part of the Sweden-based Lindab International AB, one of the market leaders in developing manufacturing, marketing and distributing products and system solutions in sheet metal and steel for simplified construction and improved indoor climate. 


Sources

  • 3 December 2008: HR Portal
  • 3 December 2008: Világgazdaság
  • 3 December 2008: Népszabadság

Citation

Eurofound (2008), Lindab Astron, Internal restructuring in Hungary, factsheet number 67757, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67757.