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Eybl Hungaria to lay off 230 more workers

Vehicle-interior company Eybl Hungária, which is under liquidation, will dismiss a further 230 employees at four of the company's plants, the newspaper Zalai Hírlap reported on Wednesday.

Eybl Hungária, which has dismissed 1,500 workers since last November, made the further layoffs due to a decline in orders stemming from the global economic crisis.

The company dismissed more than 100 workers at its plant in Lenti, 70 at its plant in Nagykanizsa, 35 at its plant in Jánosháza and 20 at its plant in Körmend (all W Hungary).

Eyble Hungária says that its current stock of orders will enable the company to retain its current 500 employees throughout the rest of this year.

The government announced in March that it had offered state guarantees for a €16 million current-asset loan to Eybl Hungária in order to preserve 900 jobs at the company.

Eybl Hungária went into liquidation after its parent company, Eybl International AG, declared bankruptcy in December. (MTI-ECONEWS)