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.
Alföld és Észak; Észak-Alföld; Szabolcs-Szatmár-Bereg
Location of affected unit(s)
Nyiregyhaza
Sector
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
100 jobs Number of planned job creations
Announcement Date
28 March 2013
Employment effect (start)
28 March 2014
Foreseen end date
1 December 2014
Description
Kód, an electrical company, is to hire 100 additional staff in Nyíregyháza by the end of 2014.
This is due to an expansion of the company’s plant financed by an investment of HUF 0.5 billion (€1.6 million).
Kód is a family owned company specialised in the implementation of power electrical systems and automation of cold storages, the installation and maintenance of general electronic systems, the assembly of light and temperature control units for domestic and commercial refrigerators, the custom production of cables and cable harnesses as well as the serial production of standardized control cabinets for international business partners in the fields of refrigeration and automobile industry.
Sources
28 March 2014: Híradó
28 March 2014: ProfitLine
Citation
Eurofound (2013), Kód Kft., Business expansion in Hungary, factsheet number 76809, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76809.