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 (10 - 11) Manufacture of food and beverage 10.1 - Processing and preserving of meat and production of meat products 10.1 - Processing and preserving of meat and production of meat products
211 jobs Number of planned job creations
Announcement Date
3 March 2016
Employment effect (start)
31 December 2016
Foreseen end date
Description
MCS Vágóhíd - a Hungarian meat processing company - is building a a logistics and packaging plant in Mohács. The investment will create 211 new jobs. The company will receive a government grant of HUF 1.3 billion (cca EURO 4,2 million) to contribute to a HUF 6.5 bln (cca EURO 21 million) development project. This is the second phase of the construction. The company has been already granted with HUF 1.4 billion (cca EURO 4,5 million) in 2014 for the first phase of the construction. The plant will have been prepared for working in full capacity by the end of 2016.
Sources
3 March 2016: agroinform.hu
3 March 2016: BBJ
Citation
Eurofound (2016), MCS Vágóhíd, Business expansion in Hungary, factsheet number 86857, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86857.
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...