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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
200 jobs Number of planned job creations
Announcement Date
7 August 2017
Employment effect (start)
1 January 2018
Foreseen end date
1 January 2020
Description
US-based drivetrain parts manufacturer Dana's will have the structure of its fourth Győr factory by the end of the summer, while the construction will be completed by the end of the year.
Built in a EUR 46 million investment, supported with a HUF 2,9 bn (EUR 9,5 million) state grant, the 13,000 square meter facility – an addition to Dana's three other factories in GyÅ‘r – will create 200 new jobs by 2020. Management is already in place, hiring for all positions will start at the beginning of 2018.Â
Production will start at the new unit at the beginning of 2019.
Present in the country since 2005, Dana currently employs around 700 people in Hungary.
Sources
7 August 2017: Kisalfold
5 April 2017: Kisalfold
Citation
Eurofound (2017), Dana Hungary, Business expansion in Hungary, factsheet number 91821, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91821.
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