Dai Dong lays off two-thirds of workers at Hatvan plant

Sights

Korean-owned molded plastics company Dai Dong Hungária Kft has laid off two-thirds of the 114 workers at its plant in Hatvan, near Budapest, the local employment office announced on Tuesday.

The layoffs were made after Sony's unit in Hungary failed to renew its contract with the company. Some of its laid off workers are expected to find employment with other companies in the industrial park where it is based, Hatvan mayor Zsolt Érsek said. He added that German engineering company Bosch's factory in Hatvan is expected to boost its staff number to 3,000 by year-end.
Dai Dong spent $4 million to set up the factory in the Hatvan industrial park.

ADVERTISEMENT

Almost half of Hungarians get fringe benefits, survey shows Analysis

Almost half of Hungarians get fringe benefits, survey shows

19,000 young jobseekers hired in expanded subsidy program Government

19,000 young jobseekers hired in expanded subsidy program

Manager screenings - not just for managers Interview

Manager screenings - not just for managers

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.