Linamar Hungary

Type
Business expansion
Country
Hungary
Region
Alföld és Észak; Dél-Alföld; Békés
Location of affected unit(s)
Orosháza
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
150 jobs
Number of planned job creations
Job creation
Announcement Date
3 February 2015
Employment effect (start)
3 February 2015
Foreseen end date

Description

The Hungarian unit of Canadian-owned Linamar, a farm machinery and automotive parts manufacturer, has inaugurated a new production hall which will create 150 new jobs in Oroshaza. The HUF 5 bln investment was supported by a HUF 1.6 bln European Union grant.

Sources

  • 3 February 2015: VG
  • 3 February 2015: BBJ
  • 4 February 2015: Uzletresz.hu

Citation

Eurofound (2015), Linamar Hungary, Business expansion in Hungary, factsheet number 78282, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/78282.