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.
Transportation / Storage 52 - Warehousing, storage and support activities for transportation 52.2 - Support activities for transportation 52.23 - Service activities incidental to air transportation
150 jobs Number of planned job creations
Announcement Date
16 February 2017
Employment effect (start)
16 February 2017
Foreseen end date
31 May 2017
Description
The ground handling service company BUDPORT Handling Kft. is implementing a development plan of HUF 1 bn (EUR 3,24 million) from its own resources at Budapest Ferenc Liszt International Airport. This includes purchasing ground support equipment and machinery – tugs, tractors, transporters, mobile stairs, etc. - to service any type of aircraft. Reporting HUF 232 million (EUR 0,75 million) profit on HUF 1,357 bn (EUR 4,4 million) revenue in 2015, BUDPORT is currently employing 100, which is expected to rise to 250 by the end of May 2017.
Sources
16 February 2017: origo.hu
17 February 2017: BBJ
Citation
Eurofound (2017), BUDPORT Handling, Business expansion in Hungary, factsheet number 90340, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90340.
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