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.
Turkish-owned Metyx Hungary Kft. extended its production plant in Kaposvár, southwestern Hungary. Four new production lines have been added and created 182 new jobs.
The 6,000 square meter extension required a HUF 3.2 billion (EUR 10.26 million) investment was supported by a HUF 902.5 million (EUR 2.9 million) state grant.
The producer of of high-performance technical textiles (multiaxial reinforcements, RTM reinforcements, woven fabrics, textile vacuum bagging products, surface veils) has been present in Hungary since 2015. The Kaposvár facility is its third production plant, and the first outside Turkey.
Eurofound (2018), Metyx Hungary, Business expansion in Hungary, factsheet number 93396, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93396.
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