Restructuring events
European Restructuring Monitor (ERM)
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.
Lakics Gépgyártó created 100 new jobs at its new production site in Kaposvár (Somogy county). The total investment of the project is HUF 1.5 billion (EUR 5.4 million), which was complemented by a HUF 600 million (EUR 2.1 million) EU grant. The company had also received subsidies from the local authority in the form of a 30% discount of the price of the building plot.
Although according to the original plans the new production facility should have only entered in operation in 2010 reaching full employment in 2011, the plant started production in December 2009 and will be fully operational by mid 2010.
Lakics Gépgyártó produces mainly engines and generators for wind plants. Previously the company operated in other three sites.
Eurofound (2008), Lakics Gépgyártó, Business expansion in Hungary, factsheet number 70106, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70106.