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.
(46 - 47) Wholesale / Retail 46 - Wholesale trade 46.4 - Wholesale of household goods 46.46 - Wholesale of pharmaceutical and medical goods
1,000 jobs Number of planned job creations
Announcement Date
16 November 2006
Employment effect (start)
21 September 2007
Foreseen end date
Description
Coloplast Hungary, a subsidiary of the Danish manufacturer of medical and health care products, signed a contract in October 2006 with the Ministry of Economy and Transport with a view to establishing a new facility in Hungary as well as increasing capacity of its plant in Tatabánya in Komárom-Esztergom county. The company presented a plan to the government proposing an investment of about HUF 26 billion (EUR 100 million), for the construction of the new facility in Nyírbátor (in Szabolcs-Szatmár-Bereg county) as well as the creation of 1,000 new jobs (of which 600 jobs will be created at the Nyírbátor facility by spring 2009). The facility in Nyírbátor was opened in September 2007.
The company started its operations in Hungary in 2001 in Tatabánya and currently employ approximately 900. Recruitment and training started at the beginning of 2007 in rented buildings in Nyírbátor and Tatabánya plant.
Sources
16 November 2006: Budapest Sun
15 December 2006: Népszabadság
21 September 2007: Budapest Business Journal
24 September 2007: hrportal.hu
Citation
Eurofound (2006), Coloplast Hungary, Business expansion in Hungary, factsheet number 64646, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64646.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...