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 (10 - 11) Manufacture of food and beverage 10.5 - Manufacture of dairy products and edible ice 10.5 - Manufacture of dairy products and edible ice
155 jobs Number of planned job losses
Announcement Date
11 June 2014
Employment effect (start)
11 June 2014
Foreseen end date
30 June 2015
Description
French food-products multinational company Danone has announced plans to close its production site in Budapest by mid-2015. 155 jobs will be lost. As reported, Danone won't give up its commercial activity in Hungary. The closure is part of a large restructuring plan.
Eurofound (2014), Danone Tejtermék Gyártó és Forgalmazó, Closure in Hungary, factsheet number 77314, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77314.