Type
Business expansion
Country
Hungary
Region
Alfod es Eszak; Del-Alfold; Bacs-Kiskun
Location of affected unit(s)
Kecskemét
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

700 jobs
Number of planned job creations
Job creation
Announcement Date
17 March 2017
Employment effect (start)
31 December 2017
Foreseen end date

Description

The German automotive supplier ElringKlinger is building a plant in Kecskemét (home of Mercedes Benz's Hungarian car manufacturing factory), by means of a EUR 21 million (HUF 6,5 bn) investment. The new 10,000 square metre plant will produce thermal shielding panels for cars and production will start by the end of 2017. ElringKlinger is creating 700 jobs at the new factory. The German company has been present in Kecskemét for 25 years.  


Sources

  • 17 March 2017: Portfolio.hu
  • 17 March 2017: origo.hu

Citation

Eurofound (2017), ElringKlinger, Business expansion in Hungary, factsheet number 90590, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90590.