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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.20 - Manufacture of batteries and accumulators
400 jobs Number of planned job creations
Announcement Date
12 December 2017
Employment effect (start)
12 December 2017
Foreseen end date
Description
Japanese battery manufacturer GS Yuasa is to open a new production plant in Miskolc, northeastern Hungary. The construction of the assembly facility will take nine months, production is planned to start in September 2018. Projected to operate 24/7, the plant will create about 400 new jobs. GS Yuasa plans to supply all of its European customers with rechargeable automotive batteries from Miskolc. The company has a total of 9 production facilities worldwide, five of those produce Li-ion, and four of them produce lead batteries.
Sources
12 December 2017: vg.hu
Citation
Eurofound (2017), GS Yuasa Magyarország, Business expansion in Hungary, factsheet number 92865, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92865.
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