MENU

Knapp Opens New Site in Hungary

D&T
July 20, 2021

Knapp, the manufacturer of warehouse logistics equipment, is setting up a new site in Nemesvámos. Within the framework of a development amounting to almost EUR 16.7 million by the end of March 2023, the company will transform a brownfield site creating 250 new jobs in 2022 followed by an additional 250 by 2027.

Almost a quarter of the investment is covered by Hungarian taxpayers through a decision by the government.

Knapp is present in Asia, South Africa, Australia, the Americas and Europe as well. The group offers intelligent automation solutions for its customers.

Their core areas are healthcare, fashion, trade, e-commerce and omnichannel retail, including food retail. Knapp is constantly striving to renew and use the latest technologies, with some EUR 54 million invested annually in research and development.

The Austrian company group will set up a location in Nemesvámos, Veszprém County, manufacturing warehouse systems and automated material handling systems. The company will start ramping up production in 2022.

D&T

  • Top 5 Articles

  • Articles by Date

  • © Copyright 2026 Duax Kft. –  All rights reserved.
    sunearth
    Diplomacy & Trade
    Privacy Overview

    This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.