Type
Business expansion
Country
Hungary
Region
Alfod es Eszak; Eszak-Alfold; Jasz-Nagykun-Szolnok
Location of affected unit(s)
Szolnok
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

150 jobs
Number of planned job creations
Job creation
Announcement Date
11 July 2008
Employment effect (start)
1 January 2009
Foreseen end date
31 December 2010

Description

Spanish car parts manufacturer, F Segura, is to build a 100,000 square meter car parts manufacturing plant in Szolnok (Central Hungary) with a €20 million investment. Production is expected to begin in 2009 and 150 new jobs will be created by the end of 2010. The factory will supply parts to Ford, VW, Seat, Audi, and Volvo, and will concentrate on R&D activities. F Segura expands in CEE to cut transportation costs, since its activities are mainly based in Hungary, Romania, Austria, Poland, and Germany.


Sources

  • 11 July 2008: hrportal.hu

Citation

Eurofound (2008), F Segura, Business expansion in Hungary, factsheet number 66909, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66909.