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 (24 - 25) Manufacture of metals 24.4 - Manufacture of basic precious and other non-ferrous metals 24.42 - Aluminium production
150 jobs Number of planned job creations
Announcement Date
5 May 2016
Employment effect (start)
30 December 2016
Foreseen end date
Description
Poland-headquartered aluminium alloy manufacturer Alumetal is building its first plant outside Poland, in Komarom (Hungary). They expect production could start before the end of 2016. The investment will create 150 new jobs.
Sources
5 May 2016: Autopro
5 May 2016: BBJ
Citation
Eurofound (2016), Alumetal Group Hungary, Business expansion in Hungary, factsheet number 87621, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87621.