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.
Hungarian-owned Tisza-TK Projekt Kft. is building a new cereal processing plant near Szolnok in Tiszapüspöki for processing Hungarian grown non-GMO corn. Products will include alcohol, corn syrup, cooking oil and animal feeds. The greenfield investment's cost is around HUF 45 bn (EUR 144 million) which includes a HUF 9,2 bn (EUR 29,5 million) state grant. There are already 320 people working at the nearby facility of Tisza-TK Projekt, but the cereal processing plant will create a further 230 jobs in the following months.
Eurofound (2017), Tisza-TK Projekt, Business expansion in Hungary, factsheet number 90793, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90793.