All workers laid off at porcelain maker Hollóházi

Initiatives

All 200 workers of state-owned Hollóházi Porcelán Manufaktúra were laid off on Wednesday, regional news portal BorsodOnline reported on Wednesday.

Hollóháza mayor Sándor Koleszár said a company to start operating at Hollóházi’s production base in September would take over 50 of those people laid off.

The Hungarian National Asset Management Company (MNV) has decided to wind up the company without establishing a legal successor, the portal said.

Hollóházi became insolvent in the spring, Econews reported earlier. At the time, MNV had plans to transfer some of the company's activities to a nonprofit.

HBLF Recognizes Diverse and Fair Workplaces Analysis

HBLF Recognizes Diverse and Fair Workplaces

EC to Propose Opening Excessive Deficit Procedure Against Hu... EU

EC to Propose Opening Excessive Deficit Procedure Against Hu...

Uni of Miskolc, CATL Debrecen Sign Cooperation Agreement Deals

Uni of Miskolc, CATL Debrecen Sign Cooperation Agreement

Int'l Travelers to Europe Prioritize Safety, Quality This Su... Tourism

Int'l Travelers to Europe Prioritize Safety, Quality This Su...

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.