Agrikonn-kam

Type
Internal restructuring
Country
Hungary
Region
Alföld és Észak; Dél-Alföld; Bács-Kiskun
Location of affected unit(s)
Kiskunmajsa
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
190 jobs
Number of planned job losses
Job loss
Announcement Date
11 March 2009
Employment effect (start)
27 February 2009
Foreseen end date
30 April 2009

Description

Agrikonn-kam, a manufacturer of agricultural machines, announced a new mass redundancy programme for 130 workers by the end of April 2009 in order to counterbalance falling demands from its major buyers. In February, the company had already dismissed 60 workers. Mr Hugyecz, the company CEO, also announced that another 100 people may be dismissed if the situation does not improve over the next months. The firm is based in Kiskunmajsa (Bács-Kiskun county) specialized in the production of driver's cabins.

Sources

  • 24 March 2009: Index ()
  • 11 March 2009: baon.hu (www.baon.hu)

Citation

Eurofound (2009), Agrikonn-kam, Internal restructuring in Hungary, factsheet number 70112, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70112.