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.
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
150 jobs Number of planned job creations
Announcement Date
17 June 2013
Employment effect (start)
1 January 2014
Foreseen end date
Description
ZF Lenksysteme builds a new power steering assembly and manufacturing plant in Hungary, in Maklar. The plant will start its oprations in 2014, creating 150 new jobs. ZF Lenksysteme is a joint venture between Robert Bosch GmbH and ZF Friedrichshafen AG. The first building phase runs until 2014, the production capacity will be increased by some 23,000 square meters.
Sources
18 June 2013: TV Eger
Citation
Eurofound (2013), ZF Lenksysteme Hungária, Business expansion in Hungary, factsheet number 77211, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77211.
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