Type
Closure
Country
Hungary
Region
Dunantul; Kozep-Dunantul; Komarom-Esztergom
Location of affected unit(s)
Bábolna
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28.30 - Manufacture of agricultural and forestry machinery

360 jobs
Number of planned job losses
Job loss
Announcement Date
6 September 2013
Employment effect (start)
Foreseen end date
1 April 2014

Description

IKR, former supplier of New Holland, has recently had its contract terminated. This measure will result in the cut of 360 jobs by April 2014. The central eastern European regional centre will be in the Czech Republic. The distribution/sales of the agricultural machineries is being taken over by Czech company Agrotec. 


Sources

  • 6 September 2013: Portfolio
  • 6 September 2013: Heti Világ Gazdaság

Citation

Eurofound (2013), IKR, Closure in Hungary, factsheet number 75868, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75868.