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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
100 jobs Number of planned job creations
Announcement Date
7 October 2021
Employment effect (start)
1 October 2021
Foreseen end date
31 December 2021
Description
GE Hungary is announcing 100 new jobs in its turbine manufacturing plant in Veresegyház, central Hungary. The hiring for full-time workers is set to start in October 2021, ending in December 2021, due to the parent company investing HUF 10 billion (€27.78m) to expand the Veresegyház plant. GE Hungary is the Hungarian subsidiary of the US industrial company General Electric, which operates four manufacturing sites, three R&D centres and an operations centre in Hungary, with close to 4,000 employees.
Eurofound (2021), GE Hungary, Business expansion in Hungary, factsheet number 105460, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105460.
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