Type
Business expansion
Country
Hungary
Region
Dunantul; Del-Dunantul; Baranya
Location of affected unit(s)
Pécs
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26.40 - Manufacture of consumer electronics

420 jobs
Number of planned job creations
Job creation
Announcement Date
5 March 2015
Employment effect (start)
1 July 2015
Foreseen end date

Description

US-owned hi-fi equipment and automotive supplier Harman is to create 420 new jobs at a production unit in Pecs (Hungary). This is a "brownfield" development on a site formerly occupied by Finnish electronics company Elcoteq. The new jobs are expected to be created by July of 2015. The company will be given a HUF 750 mln state subsidy for a total investment worth HUF 3.5 bln (EUR 11.46mn).

The company produces electroacoustic components for the car industry, including speakers, speaker systems and microphones.  

Harman currently employs over two thousand people at another Hungarian plant at Székesfehérvár. 

 


Sources

  • 5 March 2015: Munkajog.hu
  • 6 March 2015: Pécsi Napilap
  • 5 March 2015: BBJ
  • 5 March 2015: mfor

Citation

Eurofound (2015), Harman, Business expansion in Hungary, factsheet number 78775, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78775.