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.
Manufacturing (28) Manufacture of machinery and equipment 28.3 - Manufacture of agricultural and forestry machinery 28.30 - Manufacture of agricultural and forestry machinery
360 jobs Number of planned job losses
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://apps.eurofound.europa.eu/restructuring-events/detail/75868.