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 Of Food And Beverage Manufacture Of Food Products 10.51 - Operation of dairies and cheese making
181 jobs Number of planned job creations
Announcement Date
8 February 2017
Employment effect (start)
1 March 2017
Foreseen end date
31 December 2018
Description
Dairy products manufacturer Alföldi Tej is to expand its Debrecen production plant by means of a HUF 12 bn (EUR 38,8 m) investment program with a HUF 4,8 bn (EUR 27,2 m) state subsidy. The business extension will have created 181 new jobs by the end of 2018 - workforce numbers will rise from 125 to over 300. Using cutting edge technologies and equipment, the plant will produce 8500 tons of cheese and 7000 tons of pulverized dairy products annually.
Sources
8 February 2017: Hajdu Online
8 February 2017: Napi.hu
Citation
Eurofound (2017), Alföldi Tej, Business expansion in Hungary, factsheet number 90280, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90280.
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