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Diebold Nixdorf to close Budapest manufacturing facility

March 10, 2017

Diebold Nixdorf Inc. plans to close its manufacturing facility located near Budapest in Gyál, Hungary.

The closure, a component of the company's recently announced DN2020 multiyear business transformation program, will relocate activities from the Hungary site to other facilities in the Diebold Nixdorf global manufacturing network, according to a press release.

Diebold Inc. opened the plant in 2006 as an assembly center for ATMs and related components — primarily for customers in Europe, the Middle East, Africa, and Latin America. 

Production and related operations at the facility will be phased out by the end of the third quarter; the company will offer separation packages to those among its 150 employees who will be affected by the closure.

"As with any project of this kind that impacts our people, these are difficult decisions," Juergen Wunram, senior VP and COO, said in the release. "Closing the Hungary plant and consolidating production into larger and more scalable facilities will enable us to be more competitive, agile and efficient for our customers, and help ensure the future success of the company."

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Diebold Nixdorf

As a global technology leader and innovative services provider, Diebold Nixdorf delivers the solutions that enable financial institutions to improve efficiencies, protect assets and better serve consumers.

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