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.
Nordfilm Packaging, a Hungary-based packaging producer, officially inaugurated its production unit in Hatvan, North-Hungary, on 15 November 2018. The plant will employ 104 new workers, producing flexible packaging material. The facility includes a laboratory as well, and it is equipped with state-of-the-art technology. The investment cost was HUF 3 billion (€9 million); the state contributed with HUF 1.3 billion (€4 million) under its large enterprise investment support programme.
Nordfilm Packaging was founded in 2016, the newly built plant is its first production facility. The firm targets both the Hungarian and the European market, supplying firms operating in various fields, such as food products and beverages, pet food, beauty products, household products.
Eurofound (2018), Nordfilm Packaging, Business expansion in Hungary, factsheet number 95835, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95835.