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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
350 jobs Number of planned job creations
Announcement Date
26 September 2013
Employment effect (start)
26 September 2013
Foreseen end date
Description
Danish company Grundfos inaugurated its new location in Székesfehérvár and 350 new job openings.
Grundfos is active in Hungary since 1999 where it employs around 2,000 employees; the company plans to raise their number up to 2,500 in the very near feature. Grundfos has already invested HUF 68,7 billion (EUR 230 million) in Hungary, where it has its second largest site after Danmark.
For information on a previous restructuring see Grundfos 2010.
Sources
26 September 2013: Napi Gazdaság
26 September 2013: Menedzser Fórum
Citation
Eurofound (2013), Grundfos Magyarország Gyártó, Business expansion in Hungary, factsheet number 75925, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75925.
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