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.
Alfod es Eszak; Eszak-Alfold; Jasz-Nagykun-Szolnok
Location of affected unit(s)
Jászfényszaru
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
1,000 jobs Number of planned job creations
Announcement Date
12 January 2007
Employment effect (start)
1 June 2007
Foreseen end date
1 January 2010
Description
Samsung is to expand capacity at its Jászfényszaru unit in Hungary with an investment of HUF 20 billion. The production facility is expected to open in mid-2007 with operation at full capacity from 2010. The investment is expected to create 1,000 jobs. The Jászfényszaru unit, which started producing TV sets for Samsung in 1990, currently employs 2,000 people. It produced 3.2 million TV sets last year and exported the products to 34 countries.
Sources
12 January 2007: Budapest Business Journal
Citation
Eurofound (2007), Samsung, Business expansion in Hungary, factsheet number 64765, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64765.
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