Ford said on Friday it will relocate its southeastern Europe vehicle sales unit to Budapest from Warley, England during the coming year.
Published:
10 May 2000 y., Wednesday
The Hungarian Ford center will be merged with Ford Motor Hungaria Kft., Ford's fully owned national sales company, Ford Hungary Public Relations Manager Gyorgy Madarasz told. He did not say how many jobs would be affected in the move. The unit is to serve as the center for Ford's business both in Hungary and other countries of the region, including Slovenia, Croatia, Bulgaria, Romania and Ukraine. Ford set up the office in Warley in England's West Midlands, near Birmingham, to deal with car sales in southeastern Europe following the collapse of communism. At the same time as it moves its southeastern Europe hub to Hungary, Ford will also separate its sales and distribution business from its parts manufacturing venture, Madarasz said. The move is part of a global plan by Ford to spin off its Visteon parts unit this summer. The Hungarian Alba Ford parts plant is located in the western city of Szekesfehervar.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The financial and economic crisis has shown that reckless behaviour of banks and other financial institutions can have serious and costly consequences for Europe's economy and its people.
more »
Local services that create jobs and improve energy efficiency received a boost Thursday (2 September) when MEPs on the Industry, Research and Energy Committee approved plans for more investment.
more »
The European Commission approved the first financing decisions under the EUR 264 million 2010 allocation for the so-called Vulnerability FLEX mechanism to help the most vulnerable African, Caribbean and Pacific countries cope with the impact of the global financial crisis and economic downturn.
more »
The European Commission has today updated the list of airlines banned in the European Union to impose an operating ban on one air carrier from Ghana and to place operating restrictions on another air carrier from that country.
more »
The European Commission today approved an application from Denmark for assistance under the European Globalisation adjustment Fund (EGF).
more »
Algirdas Šemeta, EU Commissioner for Taxation, Customs Union, Anti-Fraud and Audit, will open tomorrow an international conference at the Shanghai World Expo 2010 on building bridges to facilitate trade between China and the EU.
more »
Moldova is set to receive an EU grant of up to €90 million to help it through the financial crisis, following a vote at Parliament's Committee on International Trade on Monday.
more »
Important notice: since May 2010 business surveys data are classified in accordance with an updated version of the Nomenclature of Economic Activities (NACE rev. 2) causing a potential break in series at this date.
more »
75% of Europeans think that stronger coordination of economic and financial policies among EU Member States would be effective in fighting the economic crisis, according to the Spring 2010 Eurobarometer, the bi-annual opinion poll organised by the EU.
more »
The European Commission has extended until the end of the year the liquidity support scheme for banks in Slovenia.
more »