Hungarian-owned AgroSprint, a supplier of frozen fruit and vegetables, will invest HUF 9 billion at two locations, Nyírlugos (NE Hungary) and Karcag (E Hungary), expanding capacity, MTI reports. AgroSprint will set up a product development base in Nyírlugos and a new packaging plant in Karcag. The company exports 60% of its output and buys produce […]
MOL Group has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC). The Memorandum of Understanding sets the foundation for cooperation in hydrocarbons exploration, technological innovation and crude trading. The memorandum of understanding was signed in Budapest by MOL Group Chairman and CEO Zsolt Hernádi and Masoud Suleman, Chairman of the National […]
Hungarian-owned EL-Q Invest Ltd. has invested EUR 6.8 million to build a new nitrogen production plant at its Pécs site. This ensures a reliable and continuous nitrogen supply for companies in Baranya, lowering the risk of disruptions. During the production process – especially in the manufacturing of electronic components and chips – a clean, contaminant-free […]
Hungarian-owned nutritional supplements manufacturer BioTechUSA has completed a series of investments to strengthen its production base in Hungary. BioTechUSA has expanded its factory in Szada, near Budapest, through a greenfield investment that has created 18,000 square meters of new production and storage capacity. The new production line produces multilayer protein bars using robotic technology. This […]
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 […]
Kontron Electronics Ltd., the Hungarian subsidiary of the Kontron Group, a world leader in communication between machines operating in industrial environments, is implementing a capacity expansion investment in the southern Hungarian city of Pécs. Kontron Electronics Ltd. has been present in Hungary since 1991. In addition to its manufacturing activities, the company provides an integrated […]
Beer producer HEINEKEN Hungária started the year with some important changes: Sára Palcsó joined the company as trade marketing manager, while Ádám Zahovay, the previous trade marketing manager, will continue his career as group brand manager responsible for HEINEKEN's mainstream brands, the company says in a statement. Ádám Zahovay has been working in marketing for […]
German-owned SICK, which makes smart optical sensors, completed a HUF 10 billion plant and warehouse in Kunsziget (NW Hungary) on Friday, MTI reports. The development expanded production capacity by 50%. Managing director Imre Zsolt Vidó said at the handover ceremony that the project, which took several years to complete, expanded the area of the base […]
India-based automotive supplier Motherson is expanding its activities in Hungary with a series of investments, including a research and development program and the establishment of a business services center, the Hungarian Investment Promotion Agency (HIPA) reports. Motherson’s EUR 54 million Hungarian R&D project deals with AI-based sensors and advanced visual systems integrated into rear-view mirrors. […]
In 2025, HelloParks further strengthened its market position in Hungary’s industrial real estate sector and raised the bar even higher in sustainable industrial property development, the company says in a press statement. In the company’s fifth year of operation, HelloParks completed the largest transaction the sector has seen to date, significantly increased the country’s stock […]
Danish refrigerator manufacturer Vestfrost Solutions is investing HUF 5.6 billion in expanding production capacity at its base in Csongrád (SE Hungary), Minister of Foreign Affairs and Trade Péter Szijjártó announced on Thursday. The government is supporting the investment, which will create 123 workplaces, with a HUF 1.1 billion grant, the minister said according to a […]
Hungarian-owned CE Glass Industries will invest HUF 1.6bn in a capacity expansion at its base in Szatymaz (SE Hungary), Minister of Foreign Affairs and Trade Peter Szijjártó said on Thursday. The government is supporting the investment with HUF 650 million, Szijjártó said, adding that it would secure around 180 local jobs. The minister pointed out […]
German-owned animal feed producer Sano-Modern Takarmányozás Ltd. laid the cornerstone, on Thursday, of a HUF 10 billion feed mixing plant that will triple capacity at its base in Csém (NW Hungary). The new plant, to be completed by October 2028, will have capacity to produce 120,000 tons of feed a year. Managing director Zsolt Csorba […]
American thermoelectric technology specialist Gentherm is expanding its operation in Hungary with a new research and development program, the Hungarian Investment Promotion Agency (HIPA) reports. Supported by the HIPA, the EUR 15.7 million investment will focus on next-generation automotive cabin comfort technologies and temperature management solutions for the medical industry, according to the statement. The […]
Hungarian medical device manufacturer Medicontur Orvostechnika is investing nearly HUF 8 billion in three development projects at its base Zsámbék, on the outskirts of Budapest, Minister of Foreign Affairs and Trade Péter Szijjártó said on Wednesday. Over one third of the cost of the investmentprojects is covered by Hungarian taxpayers as the government is supporting […]
