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.
Kód, an electrical company, is to hire 100 additional staff in Nyíregyháza by the end of 2014.
This is due to an expansion of the company’s plant financed by an investment of HUF 0.5 billion (€1.6 million).
Kód is a family owned company specialised in the implementation of power electrical systems and automation of cold storages, the installation and maintenance of general electronic systems, the assembly of light and temperature control units for domestic and commercial refrigerators, the custom production of cables and cable harnesses as well as the serial production of standardized control cabinets for international business partners in the fields of refrigeration and automobile industry.
Eurofound (2013), Kód Kft., Business expansion in Hungary, factsheet number 76809, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76809.
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