Hollóházi Porcelán Manufaktúra

Type
Closure
Country
Hungary
Region
Alföld és Észak; Észak-Magyarország; Borsod-Abaúj-Zemplén
Location of affected unit(s)
Hollóháza
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.4 - Manufacture of other porcelain and ceramic products
23.41 - Manufacture of ceramic household and ornamental articles
134 - 200 jobs
Number of planned job losses
Job loss
Announcement Date
27 May 2011
Employment effect (start)
Foreseen end date
31 August 2011

Description

Regional news portal BorsodOnline reported that last Wednesday all 200 workers of state-owned Hollóházi Porcelán Manufaktúra were laid off. Hollóházi became insolvent in spring. The Hungarian National Asset Management Company (MNV) has decided to wind up the company without establishing a legal successor.

State-owned Hollóházi Hungarikum will be taking over 66 staff from porcelain maker Hollóházi Porcelán Manufaktúra, which is under liquidation, managing director József Pálfi said on Wednesday.

Hollóházi Hungarikum Nonprofit, which was established to preserve the long-standing tradition of porcelain making in Hollóháza, started operating on September 1 with a total of 90 staff, Pálfi said.

Sources

  • 31 August 2011: Budapest Business Journal
  • 31 August 2011: 168 óra
  • 31 August 2011: HR Portal
  • 31 August 2011: Menedzser Fórum

Citation

Eurofound (2011), Hollóházi Porcelán Manufaktúra, Closure in Hungary, factsheet number 72324, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72324.