KeyTech Sárbogárd

Type
Closure
Country
Hungary
Region
Dunántúl; Közép-Dunántúl; Fejér
Location of affected unit(s)
Sárbogárd
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22 - Manufacture of rubber and plastic products
22 - Manufacture of rubber and plastic products
120 jobs
Number of planned job losses
Job loss
Announcement Date
22 January 2009
Employment effect (start)
1 January 2009
Foreseen end date
1 January 2009

Description

KeyTech Sárbogárd ceased production at the beginning of 2009 and all 120 workers of the plant in Sárbogárd (Fejér county) were laid off. Production machines were dismantled and shipped to other sites including the one in Sárvár (Vas county). The parent company of the closed manufacturing unit is KeyTech, which is a global supplier of high precision metal and plastic components and solutions. Besides the headquarters and another remaining production facility in Hungary, the company also operates in the Czech Republic and China.

Sources

  • 22 January 2009: Plastic Portal
  • 22 January 2009: index.hu

Citation

Eurofound (2009), KeyTech Sárbogárd, Closure in Hungary, factsheet number 70032, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70032.