Type
Business expansion
Country
Hungary
Region
Alfod es Eszak; Eszak-Magyarorszag; Nograd
Location of affected unit(s)
Mátranovák
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30.2 - Manufacture of railway locomotives and rolling stock

100 jobs
Number of planned job creations
Job creation
Announcement Date
16 June 2022
Employment effect (start)
16 June 2022
Foreseen end date
31 December 2022

Description

The Mátranovák plant of French rolling stock manufacturer Alstom will create 100 new jobs by the end of this year. Most new positions are for welders, locksmiths and CNC operators. Alstom will provide mentors for every new employee to help their integration. Also, a new proprietary welding simulator will be used in the training process.

The Mátranovák plant – one of the largest employers in Nógrád county – produces bogie frames, a key part for metro and rail wagons, the manufacturing of which involves demanding and high-quality welding tasks. The output of the plant is exported to France and Germany. The firm is investing about €3.3 million at the Mátranovák plant to expand its production capacity and product portfolio.

Alstom has production units in nine countries within the Central Eastern European region. In Hungary, apart from the Mátranovák plant, it has a signalling system installation depot in Szolnok and a commercial office in Budapest.


Sources

  • 16 June 2022: Budapest Business Journal (bbj.hu)
  • 3 February 2022: járműipar.hu (jarmuipar.hu)

Citation

Eurofound (2022), Alstom Transport Hungary, Business expansion in Hungary, factsheet number 107006, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107006.