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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13.96 - Manufacture of other technical and industrial textiles
182 jobs Number of planned job creations
Announcement Date
7 February 2018
Employment effect (start)
7 February 2018
Foreseen end date
Description
Turkish-owned Metyx Hungary Kft. extended its production plant in Kaposvár, southwestern Hungary. Four new production lines have been added and created 182 new jobs.
The 6,000 square meter extension required a HUF 3.2 billion (EUR 10.26 million) investment was supported by a HUF 902.5 million (EUR 2.9 million) state grant.
The producer of of high-performance technical textiles (multiaxial reinforcements, RTM reinforcements, woven fabrics, textile vacuum bagging products, surface veils) has been present in Hungary since 2015. The Kaposvár facility is its third production plant, and the first outside Turkey.
Sources
7 February 2018: sonline.hu
Citation
Eurofound (2018), Metyx Hungary, Business expansion in Hungary, factsheet number 93396, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93396.
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