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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29 - Manufacture of motor vehicles, trailers and semi-trailers
380 jobs Number of planned job creations
Announcement Date
19 October 2015
Employment effect (start)
Foreseen end date
Description
Audi, a German car manufacturer majority owned by Volkswagen, has announced a new investment of HUF 32 billion (c. 100 m Euros) which will result in the creation of 380 new jobs, in Győr. The Hungarian government provided support to the project by allocating HUF 6 billion (c. 19 m Euros). Audi is the largest private employer in Hungary. It employs around 11,500 people.
Sources
19 October 2015: Napi.hu
19 October 2015: index.hu
Citation
Eurofound (2015), Audi Hungaria Motor, Business expansion in Hungary, factsheet number 85174, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85174.
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