Yaris Kabin to Establish Factory in Hungary

Turkish firm Yaris Kabin is going to establish its first production unit abroad in Hungary. By this investment worth EUR 20.3 million, the company will manufacture tractor and agricultural machinery cabins in Iváncsa, south of Budapest.

According to the Hungarian Investment Promotion Agency (HIPA), 150 jobs will be created in the four halls and the office building to be built on 30,000 square meters. Production is expected to start as early as at the beginning of 2021.

Founded in 1977 and still owned by the Yaris family, the headquarters and center of the company is in Balikesir, Turkey. Yaris Kabin mainly manufactures cabins for loaders, tractors, excavators, and sprayers. Apart from this, it manufactures tools and performs metal sheet and profile processing, welding, painting, assembly and research and development activities. Its cabin production capacity in Turkey is currently 70,000 pieces per year, representing a market share of 70% in Turkey, and exporting to countries on four continents, too. Yaris Kabin's references include TürkTraktor, Hidromek, Basak, Hitachi and Hattat, but the company is also an official supplier to Fiat.