Restructuring events
European Restructuring Monitor (ERM)
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.
Modine Hungary has opened its new manufacturing hall in Mezőkövesd, where 140 new hiries will start to work as of April 2012. The construction of the 5400 square meter hall required around EUR 10 million investment.
Modine Hungary has been established in 1991 with 13 employees. Last year the company operated in Mezőkövesd with 400 employees and another 70 people in Gyöngyös. It specializes in designing, engineering, testing, and manufacturing heat transfer products for a wide range of applications and markets.
Eurofound (2012), Modine Hungary, Business expansion in Hungary, factsheet number 73529, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73529.