GSI

Type
Business expansion
Country
Hungary
Region
Közép-Magyarország; Pest; Pest
Location of affected unit(s)
Biatorbágy
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.3 - Manufacture of agricultural and forestry machinery
28.30 - Manufacture of agricultural and forestry machinery
125 jobs
Number of planned job creations
Job creation
Announcement Date
24 June 2014
Employment effect (start)
16 July 2014
Foreseen end date

Description

GSI Hungary is to create 125 jobs at its new plant in Biatorbagy. As announced, the new production site for material handling equipment is the result of a €2,2 million investment.

GSI Hungary is part of the global manufacturer and distributor of agricultural equipment AGCO.

Sources

  • 16 July 2014: GSI (Press Release)
  • 24 June 2014: Menedzsment Fórum

Citation

Eurofound (2014), GSI, Business expansion in Hungary, factsheet number 77256, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77256.