Electrolux to cease production at plant in Hungary
Electrolux will discontinue production at its refrigeration products factory in Nyiregyhaza, in northeast Hungary, from the beginning of 2024, the Swedish appliances maker said on Wednesday.
“The decision follows a review of production capacity needs including an investigation into the competitiveness of the Nyiregyhaza factory, which employs around 650 people,” Electrolux said.
“Electrolux is exploring possibilities to divest the factory in Nyiregyhaza and is committed to collaborating with relevant authorities and stakeholders to support its employees in the best possible way during this phase,” it added.
