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.
Nemak Győr is to create 175 jobs at the aluminium cylinder-head plant of its production hall in Győr (Hungary) in order to accommodate a substantial increase in orders from AUDI, Renault and General Motors in the region. Nemak Gyor received HUF 550 million government support for the HUF 1.6 billion investment.
Nemak specializes in the production of aluminum cylinder heads, engine blocks and transmission parts, among other aluminum components for automotive applications since it was founded in 1979. The company has 27 manufacturing facilities located in 12 different countries in Asia, Europe and North & South America, and employs approximately 15,000 employees worldwide.
Update: On 3 August 2012 Nemak opened its site with 200 new hires.
Eurofound (2011), Nemak Győr, Business expansion in Hungary, factsheet number 71795, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71795.
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