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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
155 jobs Number of planned job creations
Announcement Date
27 August 2015
Employment effect (start)
Foreseen end date
Description
Csaba Metal - a 100% Hungarian-owned aluminum die-casting company - has begun a HUF 5,7 billion investment to expand its capacity after securing a HUF 1.3 billion grant from the Hungarian government. 155 new jobs will be created in Békéscsaba and Szeghalom. The company is a direct supplier of accessories / components to car manufacturers BMW and Volkswagen. The company was founded in 1993 and will employ nearly 1200 after the latest recruitment.
Sources
28 August 2015: HR Portal
27 August 2015: vg.hu
Citation
Eurofound (2015), Csaba Metál, Business expansion in Hungary, factsheet number 84683, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/84683.