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.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.92 - Manufacture of prepared pet foods
200 jobs Number of planned job creations
Announcement Date
7 July 2011
Employment effect (start)
Foreseen end date
Description
Nestlé Hungária has created 200 jobs at its 10,000-square-meter plant in Bük (Hungary). Another 50 jobs will be created in case of growing demand; no exact timeline has been indicated for this additional job creation. The plant, which will serve as the regional production base for Nestlé's United States-based pet-food division Nestlé Purina PetCare, will export most of its production to other countries in the CEE region.
The other old Nestlé plant at Bük is producing more than 100,000 tons of pet food annually with 360 employees. Nestlé started to operate in Bük in 1998 when it took over a local pet food producer together with its trademarks.
Other bases of Nestlé's Hungarian operation are a drink-powder plant in Szerencs (Northeastern Hungary), a hollow chocolate-figure plant in Miskolc and a mineral-water plant in Kékkút (Central Hungary).
Hungary's pet food industry mainly comprises Mars, Nestlé and Provimi's Pet Hungária. With exports of $384.9 million in 2009, Hungary was the seventh-largest pet-food exporter in the world with 4.5% of global markets. Total production increased to 413,001 tons last year form 399,023 in 2009.
Sources
6 July 2011: Index
7 July 2011: Budapest Business Journal
11 July 2011: Világ azdaság
Citation
Eurofound (2011), Nestlé Hungary, Business expansion in Hungary, factsheet number 72182, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72182.
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