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 26.11 - Manufacture of electronic components
300 jobs Number of planned job creations
Announcement Date
16 November 2016
Employment effect (start)
1 July 2017
Foreseen end date
Description
Japanese electronic components maker SIIX Corporation has announced it will invest HUF 6.4 billion (cca €20 million) in building a plant in Nagykőrös, southeast of Budapest, with a non-refundable government grant of HUF 1.3 bln (cca €4 million). The investment creates 300 new jobs. The plant is expected to start operations in the third quarter of next year.
Sources
16 November 2016: Vilaggazdasag Online
16 November 2016: Hirado.hu
16 November 2016: bbj.hu
Citation
Eurofound (2016), SIIX, Business expansion in Hungary, factsheet number 89143, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89143.
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