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 10.13 - Production of meat and poultry meat products
212 jobs Number of planned job losses
Announcement Date
11 October 2012
Employment effect (start)
Foreseen end date
31 January 2013
Description
Kapuvári Hús has announced its liquidation and the dismissal of 212 employees by the end of January 2013.
The company has applied the legal procedures and started negotiations and consultation about the future of its employees. Their aim is to reemploy some of the redundant employees through their other company, Kapuvári Bacon.
There are HUF 53,9 million (EUR 1,9 million) state fund money available for the liquidation process of the company.
The plant terminated its activities mid-September and it has already released 320 workers on temporary contracts.
Sources
11 October 2012: HR Portal
11 October 2012: Menedzser Fórum
Citation
Eurofound (2012), Kapuvári Hús, Closure in Hungary, factsheet number 74485, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74485.
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