Type
Business expansion
Country
Hungary
Region
Alfod es Eszak; Eszak-Alfold; Jasz-Nagykun-Szolnok
Location of affected unit(s)
Jászárokszállás
Sector
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
Job creation
Announcement Date
24 February 2011
Employment effect (start)
Foreseen end date

Description

Rosenberger Hungary, the Hungarian unit of German electronics company Rosenberger, plans to hire 300 more people at its expanded plant and warehouse in central Hungary, raising the total number of employees to 1,600.

After six months, Rosenberger Hungary has completed a €3.5 million expansion of its plant and warehouse. The company decided to expand its plant in response to a steady increase in orders and it expects that this expansion will help to increase the annual net revenue to HUF 5 billion from the current HUF 3.5 billion.

Following the investment which was financed with the company's own resources, the warehouse area was expanded to 5,000 square meters and the production area to 7,000 square meters.

Rosenberger Hungary manufactures primarily cables and connectors for car makers and telecommunications companies. In 2009, the company employed 550 employees.


Sources

  • 25 February 2011: Menedzser Fórum
  • 24 February 2011: Heti Világ Gazdaság

Citation

Eurofound (2011), Rosenberger Magyarország, Business expansion in Hungary, factsheet number 71933, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71933.