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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
320 jobs Number of planned job creations
Announcement Date
10 June 2005
Employment effect (start)
1 September 2005
Foreseen end date
1 January 2008
Description
AUDI AG chose the Hungarian city of Györ as its new production location in November 1992. The new engine plant was officially opened less than two years later. A workforce of around 4,900 was employed there at the start of 2001. The Györ site is a duty-free area, permitting the flexible delivery and collection of production components and engines. A large range of Audi engines is now produced in Györ. In June 2005, Audi announced the building of a new plant in Győr. The investment will create 100 jobs in September 2005. The company undertook to employ 320 new employees by 2008.
Sources
11 June 2005: Népszabadság
10 June 2005: Világgazdaság
6 May 2020: Napi Gazdaság
Citation
Eurofound (2005), Audi, Business expansion in Hungary, factsheet number 61745, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61745.
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