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.
Manufacturing (28) Manufacture of machinery and equipment 28.9 - Manufacture of other special-purpose machinery 28.92 - Manufacture of machinery for mining, quarrying and construction
170 jobs Number of planned job losses
Announcement Date
3 March 2016
Employment effect (start)
7 March 2016
Foreseen end date
Description
DKG Gépgyártó - a Hungarian hydrocarbon and petrochemical equipment manufacturing company, member of OT Industries group - is planning a lay-off due to a drop in Russian orders. About 170 jobs will be lost.
Sources
3 March 2016: Hirado.hu
3 March 2016: Napi.hu
Citation
Eurofound (2016), DKG Gépgyártó, Internal restructuring in Hungary, factsheet number 86858, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86858.