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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13 - Manufacture of textiles
191 jobs Number of planned job creations
Announcement Date
7 July 2005
Employment effect (start)
Foreseen end date
Description
Textile manufacturer Eybl Kft is to double its workforce at its Körmend factory. The factory expansion and modernization will cost HUF 77 million, which has been granted to them by the Ministry of Employment and Labour as a non-refundable subsidy. To the current staff of 141, another 191 more will be hired, amongst which over a hundred people were unemployed. The Krems-based mother factory Eybl International AG produces seat covers mainly for BMW and to other market leading automobile producers.
Sources
7 July 2005: Napi Gazdaság
Citation
Eurofound (2005), Eybl, Business expansion in Hungary, factsheet number 61925, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61925.
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