Japanese car parts maker TS Tech Co. Ltd. is setting up a plant in Százhalombatta, south of the Hungarian capital, Budapest. The Hungarian subsidiary, TS Tech Hungary Ltd., is to be established with a capital of EUR 3 million.
The financial web site portfolio.hu quotes a statement by the Hungarian Embassy in Tokyo that the manufacturing of car seats for Volkswagen in a 1,800-square-meter production hall will be launched in 2015, with a staff of 50 people and an initial investment to absorb EUR 1.3 million initially.
Százhalombatta is already home to Toyo Seat that manufactures seats for Suzuki. This will be the 6th new Japanese investment in Hungary in the vehicle production segment, after Bridgestone, Ibiden, Asahi Glass, JSR and Konica-Minolta.
After Germany, Japan is the second-largest investor in the car industry in Hungary.
TS Tech Co. Ltd. manufactures and sells automobile seats; automobile interiors; motorcycle seats; and resin-based products for motorcycles. In Europe, the company is present in the United Kingdom and Germany.
Top 5 Articles
Duna House Profit Climbs Nearly 70% in Q3 November 24, 2025 
'Recharge' Campaign Launched to Boost Domestic Tourism January 21, 2026 
Richter Earnings Slip as Financial Loss Weighs November 6, 2025 
Asiana Airlines to Launch Direct Seoul-Budapest Flight October 31, 2025 
Genius Automotive Hungarian Subsidiary's CEE Expansion November 2, 2025
