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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Postal And Courier Activities 53.1 - Postal activities under universal service obligation
272 jobs Number of planned job creations
Announcement Date
6 September 2011
Employment effect (start)
Foreseen end date
Description
The International Logistics Centre of the Hungarian post company, Magyar Posta, was opened on 6 September 2011. The new unit located at the Budapest airport will create 272 new jobs. The investment is part of an overall investment of EUR 30 million which is expected to generate 10,000 jobs at the airport and its surroundings.
Magyar Posta started its restructuring in 2008. Magyar Posta expects significant costs savings with this centralised logistics centre instead of the different smaller logistics units at the airport and around in Budapest. As 140 employees were dismissed in 2010 (see fact sheet 16565), the restructuring process has resulted in a net 132 additional jobs announced since 2009.
Sources
6 September 2011: Indohaz Online
7 September 2011: Világgazdaság
Citation
Eurofound (2011), Magyar Posta, Internal restructuring in Hungary, factsheet number 72339, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72339.
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