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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
242 jobs Number of planned job creations
Announcement Date
27 January 2014
Employment effect (start)
27 January 2014
Foreseen end date
Description
Automotive supplier Luk Savaria is to recruit 300 new employees at its site in Szombathely until the end of 2014. 58 of the positions have already been filled in January.
The job expansion is part of a plan that is aimed at technological development, the restart of a manufacturing unit, and the installation of new production lines at the site. In 2012, the company had announced to create 200 jobs within the same initiative.
LuK Savaria, a member of the German Schaeffler group, manufactures clutches and flywheels in Hungary since 1997.
Sources
27 January 2014: Nyugat
27 January 2014: Alpokalja online
Citation
Eurofound (2014), Luk Savaria, Business expansion in Hungary, factsheet number 76531, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76531.
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