Type
Business expansion
Country
Hungary
Region
Alfod es Eszak; Eszak-Alfold; Szabolcs-Szatmar-Bereg
Location of affected unit(s)
Nyiregyhaza
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

100 jobs
Number of planned job creations
Job creation
Announcement Date
28 March 2013
Employment effect (start)
28 March 2014
Foreseen end date
1 December 2014

Description

Kód, an electrical company, is to hire 100 additional staff in Nyíregyháza by the end of 2014.

This is due to an expansion of the company’s plant financed by an investment of HUF 0.5 billion (€1.6 million).

Kód is a family owned company specialised in the implementation of power electrical systems and automation of cold storages, the installation and maintenance of general electronic systems, the assembly of light and temperature control units for domestic and commercial refrigerators, the custom production of cables and cable harnesses as well as the serial production of standardized control cabinets for international business partners in the fields of refrigeration and automobile industry.


Sources

  • 28 March 2014: Híradó
  • 28 March 2014: ProfitLine

Citation

Eurofound (2013), Kód Kft., Business expansion in Hungary, factsheet number 76809, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76809.