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.
Alfod es Eszak; Eszak-Alfold; Jasz-Nagykun-Szolnok
Location of affected unit(s)
Karcag
Sector
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.39 - Other processing and preserving of fruit and vegetables
60 jobs Number of planned job creations
Announcement Date
6 June 2023
Employment effect (start)
6 June 2023
Foreseen end date
Description
Hungarian frozen food producer AgroSprint inaugurated a new production hall in Karcag. The announced expansion plans to create at least 60 new jobs. With the addition of the new production capacities, the firm becomes the largest provider of frozen sweetcorn in Europe. The investment cost was roughly €32 million. The government covered 40% of the cost with a non-refundable grant.Due to the investment, the firm will increase its demand for "industrial vegetables", while at the same time, the ongoing irrigation development projects will enhance the capacity of producers to raise the output of these vegetables across the county and the whole Great Plain.
Eurofound (2023), Agrosprint Mezőgazdasági és Ipari Termékforgalmazó, Business expansion in Hungary, factsheet number 109172, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109172.
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