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 26.1 - Manufacture of electronic components and boards
533 jobs Number of planned job creations
Announcement Date
18 June 2018
Employment effect (start)
18 June 2018
Foreseen end date
Description
The Hungarian subsidiary of German semiconductor manufacturer Infineon Technologies AG inaugurated its new headquarters building in Cegléd and announced the creation of 533 new jobs. The HUF 17 billion (EUR 51.7 million) investment was supported by the government with a non-repayable grant of HUF 1.2 billion (EUR 3.7 million).
The plant in Cegléd was opened in 1989 with 37 workers, now the company has almost 1,000 employees.
Infineon Technologies AG is a market leader in the development and production of semiconductors, it has 37,500 employees.
Sources
16 June 2018: Műszaki Magazin
18 June 2018: Magyar Idők
18 June 2018: Portfolio.hu
Citation
Eurofound (2018), Infineon Technologies Cegléd, Business expansion in Hungary, factsheet number 94428, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94428.
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