Type
Business expansion
Country
Hungary
Region
Alfod es Eszak; Del-Alfold; Bekes
Location of affected unit(s)
Szarvas
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27.4 - Manufacture of electric lighting equipment

80 jobs
Number of planned job creations
Job creation
Announcement Date
3 April 2018
Employment effect (start)
Foreseen end date

Description

Szarvasi Vas- Fémipari, a Hungarian industrial and commercial enterprise with 420 employees has announced a plan to hire 80 new employees by 2019. There will be graduates among the new staff members. They have already hired 120 new employees. The company invested about EUR 6.5 million in renovating the plant, purchasing new machines, and introducing new technologies (automation and robotisation).

The company is Hungary's largest lamp and lighting manufacturer, it also manufactures coffee makers. They will be the exclusive manufacturer of one of the IKEA's lamp family.


Sources

  • 3 April 2018: mfor.hu
  • 3 April 2018: ado.hu

Citation

Eurofound (2018), Szarvasi Vas-Fémipari, Business expansion in Hungary, factsheet number 93766, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93766.