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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.40 - Manufacture of consumer electronics
420 jobs Number of planned job creations
Announcement Date
5 March 2015
Employment effect (start)
1 July 2015
Foreseen end date
Description
US-owned hi-fi equipment and automotive supplier Harman is to create 420 new jobs at a production unit in Pecs (Hungary). This is a "brownfield" development on a site formerly occupied by Finnish electronics company Elcoteq. The new jobs are expected to be created by July of 2015. The company will be given a HUF 750 mln state subsidy for a total investment worth HUF 3.5 bln (EUR 11.46mn).
The company produces electroacoustic components for the car industry, including speakers, speaker systems and microphones.
Harman currently employs over two thousand people at another Hungarian plant at Székesfehérvár.
Sources
5 March 2015: Munkajog.hu
6 March 2015: Pécsi Napilap
5 March 2015: BBJ
5 March 2015: mfor
Citation
Eurofound (2015), Harman, Business expansion in Hungary, factsheet number 78775, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78775.
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