Hungary -Remy factory to be closed -July 20, 2012

American-based Remy Group has told its employees that the Mezőkövesd plant will be closed this year. The company’s collective staff dismissal announcement to the Employment Centre of the Government Office of Borsod-Abaúj-Zemplén County is said to still be pending. Management stated the necessity to cut production cost as the primary motive for the plant’s closure. The factory will finish production by the end of the year; the production will be relocated to plants in Mexico, China and South Korea. The majority of the over 200 workers at the Mezőkövesd plant will be dismissed. An estimated 50 people will be able to continue their work at the group’s Miskolc plant.

Source: Maté Komiljovics

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