May 16, 2017 / 2:51 PM / 2 months ago

BRIEF-Teva to close or sell one of its Hungarian plants by end of 2018

1 Min Read

May 16 (Reuters) - Teva Pharmaceutical

* Teva plans to lay off 500 workers at Hungarian plant in Godollo in coming months - national news agency MTI reports, citing company.

* Teva plans to close down or sell Godollo plant by end of 2018.

* Plant in Godollo to operate with reduced capacity until mid-2018.

* Teva says its plans do not affect its other two Hungarian plants in Debrecen and Sajobabony. (Reporting by Krisztina Than)

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