Restructuring events
European Restructuring Monitor (ERM)
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.
MCS Vágóhíd - a Hungarian meat processing company - is building a a logistics and packaging plant in Mohács. The investment will create 211 new jobs. The company will receive a government grant of HUF 1.3 billion (cca EURO 4,2 million) to contribute to a HUF 6.5 bln (cca EURO 21 million) development project. This is the second phase of the construction. The company has been already granted with HUF 1.4 billion (cca EURO 4,5 million) in 2014 for the first phase of the construction. The plant will have been prepared for working in full capacity by the end of 2016.
Eurofound (2016), MCS Vágóhíd, Business expansion in Hungary, factsheet number 86857, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86857.