Civita Group Plc. is planning a public share issue in November. As a processor of raw materials and ingredients, it will be the only food company listed on the Budapest Stock Exchange, the company said. A large-scale investment program is planned with the raised capital, as well as state support and bank loans. Civita Group […]
Promatech Célgépgyártó [‘Target Machine Production’] Ltd. is building a 3,800 square-meter hall at its Nagytarcsa site, just east of Budapest, with a greenfield investment of HUF 1.952 billion, the company told the state news agency MTI. As part of the investment, financed half and half by the company's own and EU funds, new automated metalworking […]
AMCO Packaging Technology and Consultation Ltd., a Hungarian manufacturer of GreenFill biodegradable space-filling foam for use in boxes, will double its capacity to 100,000 liters in November, the company told the state news agency MTI. The statement drew attention to the serious environmental impact of petroleum-derived polystyrene foam fillers, noting that demand for environmentally friendly […]
Germany-based SCHOTT’s project to build a new production hub for glass prefillable syringes (PFS) is going to plan as evidenced by the launch of the construction celebrated at a groundbreaking event in Lukácsháza in Vas County, W Hungary. With the EUR 76 million investment, up to 120 newly created jobs will be available. The German […]
A new Thyssenkrupp engineering development office was inaugurated in Szeged, SE Hungary reflecting the German behemoth’s effort to intensify related activities as part of its Hungarian operation. Up to 65 automotive engineers can look forward to be hired in the near future in three locations, Szeged being the flagship venue of the development. Being among […]
A new production hall has been added to the ice cream factory of Unilever Hungary in Veszprém, doubling the production capacity of Magnum ice cream with sticks, the director of corporate relations of Unilever Hungary told the state news agency MTI on Friday. Kálmán Molnár said that a new production line has been installed in […]
Festék Bázis [‘Paint Base’] Plc. is building a new 300-square-meter production hall in Jánosháza, Vas County, with EU funding and the foundation stone of the new facility was laid on Wednesday, the state news agency MTI reported Thursday morning. As the company's CEO, Imre Hancs, CEO, pointed out, the company won more than HUF 160 […]
Toyo Ink Hungary Kft.’s new plant has been inaugurated in Újhartyán, Pest County, where CNT dispersion for lithium-ion batteries will be produced. The HUF 7 billion investment creating 45 jobs marks a key milestone in the business strategy of the Japanese-owned company as it is planning to further expand due to rising global demand for […]
Korean-owned W-Scope Hungary Plant Ltd. celebrated the foundation stone-laying of its lithium-ion battery separator plant in Nyíregyháza, NE Hungary this Tuesday. The investment worth EUR 720 million is set to boost the competitiveness of the company in a quickly developing EV market. Up to 1,200 new jobs will be created as a result, with mass-scale […]
The AutoWallis Group is continuing its path of growth after all business units experienced double-digit growth in all areas in the first nine months of the year, with sales in many areas already higher than last year as a whole. This means that the crisis-resistant strategy of the Group, present in 14 countries in the […]
Logistics service provider Gebrüder Weiss Ltd. is expanding the capacity of its central logistics base with a HUF 10 billion investment, the company told the state news agency MTI on Thursday. According to the information, a new hall and complex of 10,500 square meters will be built in Dunaharaszti, south of Budapest, next to the […]
Continental is expanding its software development activities in Szeged with a unit working on driver assistance and automated driving solutions, Country Director of Continental Hungary, Róbert Keszte announced on Wednesday. Speaking at an event at the University of Szeged, he said that the company's Artificial Intelligence Development Center in Budapest, which employs 200 professionals, has […]
Alteo Energiaszolgáltató [Energy Service Provider] Plc. is launching a HUF 7.5 billion bond issue under its previously announced bond program; the funds raised will be used mainly to finance investments in energy projects, to achieve growth targets, for working capital needs and to build up reserves, the company announced on the Budapest Stock Exchange (BSE) […]
Hungarian family-owned Caadex Ltd. in Mindszentgodisa, S Hungary, has decided to invest more than HUF 500 million in energy and equipment, the company informed the state news agency MTI. According to the statement of the Baranya County company, which is engaged in the production and trade of tin and steel products, the HUF 357 million […]
Switzerland-based leading auto part supplier SAG – Autonet Group opened its brand-new high-tech warehouse worth over EUR 50 million in Üllő, just south of Budapest. Offering vacancies for 130 future workers, the project will provide a highly automated storage space of 16,500 square meters that is bound to serve a number of regional markets. Hungarian […]
