Restructuring events
European Restructuring Monitor (ERM)
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.
Krones Hungary, a subsidiary of the leading European packaging and bottling machine manufacturer Krones AG, is building a new plant in the city of Debrecen. According to the plans, the production unit will begin its operation in September 2019.
By then, the company aims to hire 500 workers. To this end, the firm has launched a career and communication centre in the city and it has also established close links with the local university and vocational schools. The company is looking for CNC programmers, turners, milling machine operators, engineers, IT professionals, among others.
The Debrecen plant will be the first production facility of Krones AG outside Germany. The investment cost is roughly €48 million.
Eurofound (2019), Krones Hungary Kft., Business expansion in Hungary, factsheet number 97471, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97471.
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