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.
Alfod es Eszak; Eszak-Magyarorszag; Borsod-Abauj-Zemplen
Location of affected unit(s)
Miskolc
Sector
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.49 - Manufacture of other machine tools
140 jobs Number of planned job creations
Announcement Date
2 November 2017
Employment effect (start)
2 November 2017
Foreseen end date
Description
Hungarian tool manufacturer Spinto Hungária is to open a new automotive machine tools production facility in Miskolc, Borsod-Abaúj-Zemplén county, the factory will create 140 jobs. Alonsgside the 100 skilled workers and technicians, Spinto is hiring 35 graduate engineers. The machinery in the factory reflects the latest developments in mold manufacturing.
Moreover the at the innovation level of German mold manufacturing. The Hungarian Minister of Foreign affairs affirmed that Miskolc has regained the position of stronghold of Hungarian industry, and that the unemployment in Borsod county fell to 5.5 percent.
The HUF 5,9 billion (EUR 18.9 million) business investment is supported by a HUF 2.4 billion (EUR 7.7 million) government grant. Located on a 3 hectare site, Spinto will have the opportunity to expand the production plant in the future.
Sources
2 November 2017: boon.hu
Citation
Eurofound (2017), Spinto Hungária, Business expansion in Hungary, factsheet number 92480, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92480.
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