Type
Bankruptcy
Country
Hungary
Region
Dunantul; Nyugat-Dunantul; Zala
Location of affected unit(s)
Pölöske
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Beverages
11.07 - Manufacture of soft drinks; production of mineral waters and other bottled waters

132 jobs
Number of planned job losses
Job loss
Announcement Date
17 March 2009
Employment effect (start)
17 March 2009
Foreseen end date
29 May 2009

Description

Bognár Szörp, the major employer and taxpayer of Pölöske (Zala County) announced the closure of its syrup factory and the subsequent dismissal of its 132 workers in the framework of a mass redundancy. The announcement of the measure came after the company had become unable to pay off its growing debt, and went into liquidation. These layoffs generated serious concerns in the village with less than 1,000 inhabitants, even though 40 ex-workers had been since re-employed by a renter who partially restarted production. Bognár Szörp, founded in 1989, was an important manufacturer of syrup, squash and other non alcoholic beverages (including its own mineral water). Besides its own labels, the company was a major supplier of retail chains also.


Sources

Citation

Eurofound (2009), Bognár Szörp, Bankruptcy in Hungary, factsheet number 68847, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68847.