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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
300 jobs Number of planned job creations
Announcement Date
20 January 2011
Employment effect (start)
20 January 2011
Foreseen end date
31 December 2011
Description
On 20 January, Sanyo began production at its newly converted solar pannel assembly plant in Dorog, Hungary. The investment of HUF 4,5 billion (EUR 16,5 million) created 300 new jobs at this factory. The factory's output is sold via the Munich trade Centre Europe-wide.
The Sanyo factory in Hungary was built in 1999, in the Industrial Park Dorog, where workers made conditioners, mobile phones and power tools batteries and rechargeable batteries.
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Sources
20 January 2011: Zöld Tech
11 March 2011: Heti Világ Gazdaság
Citation
Eurofound (2011), Sanyo, Business expansion in Hungary, factsheet number 71740, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71740.
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