Type
Business expansion
Country
Hungary
Region
Kozep-Magyarorszag; Kozep-Magyarorszag; Pest
Location of affected unit(s)
Vác
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

140 jobs
Number of planned job creations
Job creation
Announcement Date
23 March 2009
Employment effect (start)
1 June 2009
Foreseen end date
1 June 2009

Description

As the result of the agreement between the Zollner Group and Smart Technologies 140 new jobs have been created at the Zollner's production facility in Vác (Pest county). This move will allow Smart Technologies to expand to new markets. The Zollner group, an electronic spear parts manufacturer, initiated operations in Hungary in 1988 with only 20 employees. Prior to the business expansion, the production site in Vác employed 2,008 workers. Employment at the site started in June 2009.


Sources

Citation

Eurofound (2009), Zollner Elektronik Gyártó és Szolgáltató, Business expansion in Hungary, factsheet number 70108, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70108.