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Flextronics to Invest HUF 35.5 Bn in Capacity Expansion

D&T
March 23, 2026

Electronics manufacturer Flextronics will invest around HUF 35.5 billion to expand capacity at its base in Zalaegerszeg (SW Hungary), it was announced this Monday.

A statement from the Ministry of Foreign Affairs and Trade points out that this investment is the fourth by an American-owned company in Hungary in a week. It was added that this investment, which promises to create 210 jobs, would advance local SMEs and that Flextronics is cooperating with the Budapest University of Technology and Economics (BME) in hands-on training.

Over 22% of the investment costs, HUF 8 billion, is covered by Hungarian taxpayers through a government support.

Bilateral trade between Hungary and the United States climbed over USD 10 billion in 2025, a new record, the statement said. US-owned companies ploughed HUF 200 billion into 16 investments during last year, which is another record.

Flextronics is an electronics supplier to the world’s leading technology brands.

The company operates factories and service centers in more than 30 countries across five continents, providing high-quality services ranging from product design, manufacturing, and logistics to post-sales product support. The company has been present in Hungary since 1992.

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