Type
Business expansion
Country
Hungary
Region
Dunantul; Kozep-Dunantul; Fejer
Location of affected unit(s)
Székesfehérvár
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.42 - Aluminium production

186 jobs
Number of planned job creations
Job creation
Announcement Date
14 November 2005
Employment effect (start)
Foreseen end date
31 December 2007

Description

Alcoa Inc, the world's biggest aluminum producer, will spend €70 million to expand its production in Hungary by building a new plant at its existing site. The Pittsburgh-based company, Hungary's 12th largest employer, will hire 186 workers by the end of 2007 for its new unit to process special alloys in Székesfehérvár, Hungary.


Sources

  • 14 November 2005: Napi Gazdaság
  • 15 November 2005: Népszabadság

Citation

Eurofound (2005), Alcoa Köfém, Business expansion in Hungary, factsheet number 62537, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62537.