HUF 14.5 Bn Investment Program by Körber Hungária

Machinery maker Körber Hungária is undertaking a major investment program at its base in Pécs (S Hungary), the Hungarian Investment Promotion Agency (HIPA) reports.

The business service center, which has so far provided IT, engineering, financial and management support to multiple business units of the German-owned subsidiary, is being expanded by the company.

Alongside the newly announced SSC investment, two capacity expansion projects have been completed at the company’s tobacco pre-processing machine manufacturing and pharmaceutical packaging machine production facilities. Valued at EUR 40.8 million, these projects are expected to create 150 new jobs in Pécs. Hungarian taxpayers cover over 15% of the costs in the form of state support

Körber Hungária is the second-largest site of the international Körber Group worldwide. Since 1994, the Hungarian subsidiary has been engaged in custom machinery production, serving the food and tobacco manufacturing industries.

At its Pécs site, which employs more than 1,100 people, Körber has completed capacity expansion projects related to both its pharmaceutical packaging and inspection machinery, and its tobacco pre-processing machine production unit. As part of the two projects, the company expanded its machinery fleet to increase efficiency, and production areas were enlarged alongside supporting areas and office spaces.

In addition to the handover of production support projects, Körber announced a new investment at its Pécs site. The project involves the expansion of its regional SSC, as a key element in the company’s long-term growth and value creation strategy. Across the three investments, a total of 150 new jobs will be created, of which 100 will require high-level qualifications in IT, engineering, procurement or finance.