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 - Manufacture of computer, electronic and optical products
200 jobs Number of planned job losses
Announcement Date
10 November 2016
Employment effect (start)
10 November 2016
Foreseen end date
30 June 2017
Description
Scanfil - a Finnish contract manufacturer and system supplier - has decided to close its Hungarian plant in Hungary, in Biatorbágy. The closure process will terminate during the second quarter of 2017. Closing the factory will finalise the restructuring related to PartnerTech factory network integration. Turnover of Scanfil’s Hungarian subsidiary was about EUR 13.6 million and operating loss of approximately EUR 1.2 million in 2015. 200 jobs will be lost.
Sources
10 November 2016: Evertiq
10 November 2016: Reuters
Citation
Eurofound (2016), Scanfil, Closure in Hungary, factsheet number 89091, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89091.
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