Magna Automotive Hungary

Type
Business expansion
Country
Hungary
Region
Alföld és Észak; Dél-Alföld; Bács-Kiskun
Location of affected unit(s)
Helvécia
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.2 - Manufacture of bodies and coachwork for motor vehicles; manufacture of trailers and semi-trailers
29.2 - Manufacture of bodies and coachwork for motor vehicles; manufacture of trailers and semi-trailers
100 jobs
Number of planned job creations
Job creation
Announcement Date
15 May 2012
Employment effect (start)
Foreseen end date
31 December 2012

Description

Magna Automotive, an automotive supplier company, will hire 100 new employees by the end of 2012 for its test production site in Helvecia, Hungary. At the site Magna produces interior carpits, elements of luggage compartments and doors for Mercedes cars made in Kecskemét. The new investment was made possible with the state support in the framework of the New Széchenyi Plan.

Magna Automotive employs more than 111,000 people in 275 factories worldwide.

Sources

  • 15 May 2012: Heti Világ Gazdaság
  • 16 May 2012: Menedzser Fórum

Citation

Eurofound (2012), Magna Automotive Hungary, Business expansion in Hungary, factsheet number 73585, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73585.