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 (29 - 30) Manufacture for transport equipment 29 - Manufacture of motor vehicles, trailers and semi-trailers 29 - Manufacture of motor vehicles, trailers and semi-trailers
380 jobs Number of planned job creations
Announcement Date
19 October 2015
Employment effect (start)
Foreseen end date
Description
Audi, a German car manufacturer majority owned by Volkswagen, has announced a new investment of HUF 32 billion (c. 100 m Euros) which will result in the creation of 380 new jobs, in Győr. The Hungarian government provided support to the project by allocating HUF 6 billion (c. 19 m Euros). Audi is the largest private employer in Hungary. It employs around 11,500 people.
Sources
19 October 2015: Napi.hu
19 October 2015: index.hu
Citation
Eurofound (2015), Audi Hungaria Motor, Business expansion in Hungary, factsheet number 85174, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/85174.