Luk Savaria

Type
Business expansion
Country
Hungary
Region
Dunántúl; Nyugat-Dunántúl; Vas
Location of affected unit(s)
Szombathely
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
242 jobs
Number of planned job creations
Job creation
Announcement Date
27 January 2014
Employment effect (start)
27 January 2014
Foreseen end date

Description

Automotive supplier Luk Savaria is to recruit 300 new employees at its site in Szombathely until the end of 2014. 58 of the positions have already been filled in January.

The job expansion is part of a plan that is aimed at technological development, the restart of a manufacturing unit, and the installation of new production lines at the site. In 2012, the company had announced to create 200 jobs within the same initiative.

LuK Savaria, a member of the German Schaeffler group, manufactures clutches and flywheels in Hungary since 1997.

Sources

  • 27 January 2014: Nyugat
  • 27 January 2014: Alpokalja online

Citation

Eurofound (2014), Luk Savaria, Business expansion in Hungary, factsheet number 76531, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76531.