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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
100 jobs Number of planned job creations
Announcement Date
22 September 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
Auto parts maker Musashi Hungary Ipari, a subsidiary of Musashi Seimitsu Industry has started a development worth €1,5 million at its plant in Ercsi. Musashi Hungary Ipari is a producer of aluminum ball joints for Volkswagen-Audi models. The development has already created 100 new jobs. The company plans further investments in the future.
Sources
22 September 2005: Napi Gazdaság
Citation
Eurofound (2005), Musashi Hungary, Business expansion in Hungary, factsheet number 62322, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62322.