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.
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71.2 - Technical testing and analysis
100 jobs Number of planned job creations
Announcement Date
2 November 2018
Employment effect (start)
2 November 2018
Foreseen end date
28 February 2019
Description
The largest British automotive manufacturer, Jaguar Land Rover, opens a new technical engineering centre in Budapest. It will operate with a 100 strong workforce, mostly researchers, engineers and production experts, working on developing and launching new vehicle models. The positions are already open to applicants.
The centre will open in early 2019. The development work of the centre will be part of the global R&D and engineering operation headquartered in the UK. The centre will closely collaborate with the suppliers located in Central and Eastern Europe. JLR has similar development centres in the UK, Ireland, China and North America.
Model development is gaining importance for the firm because, according to the plans, from 2020 all new JLR models will be fully electric or hybrid.
Sources
Citation
Eurofound (2018), Jaguar Land Rover Hungary, Business expansion in Hungary, factsheet number 95794, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95794.
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