Colgate-Palmolive to shut down Hungarian plant

Recycling

US household products giant Colgate-Palmolive plans to shut down production at its plant in Dorog.

Terminating the plant near Budapest will entail laying off more than one hundred staff, local labor office director Etelka Romanek told newsire MTI. Colgate-Palmolive announced already last summer that it would shut down the plant, which earlier made the Fabulon line of cosmetics and other products. The company announced in March that it would close its plant in Brasov, Romania, and move production to its unit in Poland. The closure of the plant in Romania was decided already in 2005 as part of a plan to boost group efficiency. (Napi Gazdaság)

ADVERTISEMENT

Climate change hurts economy, but creates new business oppor... Analysis

Climate change hurts economy, but creates new business oppor...

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Dentons rehires banking and finance partner Appointments

Dentons rehires banking and finance partner

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

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.