Japanese Suzuki not to cut jobs at Hungarys plant.

By bne IntelliNews January 17, 2012
The Hungarian unit of Japanese car maker Suzuki will not lay off workers at its Esztergom plant, despite the decision to cease the manufacturing of the Opel Agila models as of 2012, MTI news agency reported. The company plans to replace the production with that of another model. It targets output of 170,000 vehicles in 2012, unchanged in annual terms. Esztergom plant currently employs 3,400 workers.

Related Articles

Assets of Hungarys investment funds up 3.2% m/m in Feb 2013.

Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more

Hungary's number of employees down 0.6% y/y in Jan 2013.

The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more

Hungarys MVM clears deal for purchasing E.ONs local units.

The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 296
Dismiss