EMCC European Monitoring Centre on Change

Zarges Tubesca

Company/Organisation:
Zarges Tubesca

Geographic Location

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

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
Number Employed: 147

Employment Effects

Announcement Date: 30-07-2010
Type of Restructuring: Business expansion
Planned Job Creation: 100

Additional Information

On 30 July 2010 ladder maker ZargesTubesca decided to move production from Peiting, Germany to Kecskemét, Hungary. The company expects to increase turnover by 50% and 100 new jobs are to be created at the Kecskemét unit. Last year the group had an income of HUF 4 billion. The company started the production of aluminium ladders and stands/cratches in 1998 in Hungary and enlarged the factory with a 12000m2 production hall in 2008.