EMCC European Monitoring Centre on Change

Agrikonn-kam

Company/Organisation:
Agrikonn-kam

Geographic Location

Country: Hungary
Region: Bacs-Kiskun; Del-Alfold; Alfod es Eszak
Location of affected unit(s): Kiskunmajsa

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
Number Employed: 700

Employment Effects

Announcement Date: 11-03-2009
Planned Job Reductions min: 190
Planned Job Reductions max: 190
Type of Restructuring: Internal restructuring
Employment Effect Start: 27-02-2009
Foreseen End Date: 30-04-2009
Direct Dismissals: 190

Additional Information

Agrikonn-kam, a manufacturer of agricultural machines, announced a new mass redundancy programme for 130 workers by the end of April 2009 in order to counterbalance falling demands from its major buyers. In February, the company had already dismissed 60 workers. Mr Hugyecz, the company CEO, also announced that another 100 people may be dismissed if the situation does not improve over the next months. The firm is based in Kiskunmajsa (Bács-Kiskun county) specialized in the production of driver's cabins.