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 (10 - 11) Manufacture of food and beverage 10 - Manufacture of food products 10 - Manufacture of food products
150 jobs Number of planned job creations
Announcement Date
17 May 2005
Employment effect (start)
17 May 2005
Foreseen end date
31 August 2005
Description
Wewalka, manufacturer of fresh pastry goods and cakes was founded in 1987 as a family business. Today the company employs 340 people in Austria. Wewalka established a bakery in Celldömölk, Hungary. The investment will create 150 jobs by the end of summer 2005.
Sources
18 May 2005: Napi Gazdaság
17 May 2005: Világgazdaság
Citation
Eurofound (2005), Wewalka, Business expansion in Hungary, factsheet number 61590, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61590.