• Home
• Channel: Business
• Electrolux To Invest In Nyíregyháza, Outsource In Jászberény

Electrolux To Invest In Nyíregyháza, Outsource In Jászberény

• 12 Sep 2019 9:43 AM
• Budapest Business Journal

Swedish home appliances maker Electrolux said Tuesday it will invest about EUR 100 million to upgrade production at its high-end refrigerator plant in Nyíregyháza (NE Hungary), while outsourcing production of vacuum cleaners and a "significant part" of free-standing refrigerators at its plant in Jászberény (east of Budapest).

The changes in Jászberény are expected to impact about 800 production employees, Electrolux said. According to news portal hvg.hu, the company said that one reason behind the decision is rising costs. Electrolux has already opened negotiations with unions.

Production in Jászberény will be outsourced from 2020, while the investments in Nyíregyháza will take place between 2020 and 2023. The company added that the reason behind the automation project in Nyíregyháza is boosting effectiveness.

Electrolux had an average 2,385 blue-collar and 422 white-collar workers on its payroll in Hungary last year, public records show.

The Ministry of Finance announced it is following the situation of the Electrolux staff in Jászberény closely. National Employment Service (NFSZ) registries show some 5,000 unfilled positions in Jász-Nagykun-Szolnok County, where the plant is based, the ministry said, according to news site uzletem.hu. 

MTI Photo: Bugány János

Related links

Hungary Promises Job Placement Support For Electrolux Workers In Jászberény

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Electrolux Refrigerator Plant Nyíregyháza

XpatLoop Media Partner

Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

Explore More Reports

Winner of Expat CEO in Hungary for 2024 Announced

• 24 Mar 2024 5:21 AM

Chresten Bruun, general manager & senior vice president, EMEA Manufacturing in the Lego Group, won the Expat CEO of the Year title at the Budapest Business Journal’s annual awards gala, which was held for the 10th time on March 23 in the Grand Ballroom of the Corinthia Hotel Budapest.



Hungary Enjoys Record Investments & Exports

• 1 Nov 2023 2:05 PM

New records in investments and exports “can now be taken for granted” for this year, the minister of foreign affairs and trade told parliament’s economic committee.



Big Build: Lego to Invest HUF 54 Billion at Base in Hungary

• 29 Sep 2023 8:07 AM

Danish toy manufacturer LEGO will invest 54 billion forints in 2023-2025 to expand packaging and warehouse capacities at its base in Nyiregyhaza, in north-east Hungary, creating 300 jobs, Péter Szijjártó, the foreign minister said.



Largest Investment in Hungary this Year Officially Announced

• 28 Jul 2023 10:56 AM

Chinese battery maker Sunwoda will build its first European plant with investment of 580 billion forints (EUR 1.5bn) in Nyíregyháza, eastern Hungary, which will create thousands of jobs, Foreign Minister Péter Szijjártó said.