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.
Hungarian-owned mechanical engineering company Qualitative Production is to open a new production facility in Győr, northwest Hungary creating 120 jobs.
The new 6,000 square meter metalworking production hall is expected to double the company's production capacity in hope of becoming a direct supplier of Audi. The plant will be equipped with Industry 4.0 technology.
The greenfield project, due to be completed in September, is built in an investment of HUF 6.2 billion (EUR 20 million), supported by a HUF 1.5 billion (EUR 4.8 million) government grant.
Qualitative Production was founded 25 years ago, this is their third production facility in Győr.
Eurofound (2018), Qualitative Production, Business expansion in Hungary, factsheet number 93447, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93447.
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