Fhl Björn Hungary

Type
Business expansion
Country
Hungary
Region
Dunántúl;
Location of affected unit(s)
Mór (Fejér megye), Tamási (Tolna megye)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
85 jobs
Number of planned job creations
Job creation
Announcement Date
18 June 2018
Employment effect (start)
18 June 2018
Foreseen end date

Description

Fhl Björn Hungary, manufacturer of automotive parts, is expanding and announced the creation of 85 new jobs in addition to its 402 existing employees, in the Transdanubia region of Hungary. A new Volkswagen commission is the reason behind the job creation. The main activity of the company is the manufacture of tube radiators and automotive products.

According to public company data, the company's revenues reached HUF 7 billion (EUR 21 million) in 2016, while the profit was HUF 4.2 million (EUR 12,800). in 2017, the revenue of the company was HUF 7.5 billion (EUR 22 million) and earned a profit of HUF 9.4 million (EUR 28,600).

Sources

  • 18 June 2018: autoszektor.hu
  • 18 June 2018: http://webradio.hu/

Citation

Eurofound (2018), Fhl Björn Hungary, Business expansion in Hungary, factsheet number 94435, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94435.