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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
700 jobs Number of planned job creations
Announcement Date
29 May 2005
Employment effect (start)
Foreseen end date
31 December 2008
Description
Elcoteq Network Corporation is a leading electronics manufacturing services (EMS) company which perates on four continents in 15 countries and employs approximately 18,500 people. Elcoteq has two plants in Pécs, Hungary with 4,700 employees. The company is the largest employer of the region. The €54 million investment will create 700 jobs y 2008.
Sources
30 May 2005: Népszabadság
29 May 2005: Napi Gazdaság
30 May 2005: Világgazdaság
Citation
Eurofound (2005), Elcoteq, Business expansion in Hungary, factsheet number 61683, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61683.
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