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Automotive industry

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GS Yuasa plant inaugurated

GS Yuasa Plant Inaugurated in Miskolc

Oct 2, 2019

GS Yuasa's first factory on the European continent is now complete. Through its EUR 28.8 million plant in Miskolc, the Japanese battery producer will supply its European automotive partners manufacturing electric vehicles (EV) with lithium-ion resources, further strengthening Hungary's position in electromobility, the Hungarian Investment Promotion Agency reports. The Hungarian government has contributed 465.3 million […]

2019 Chain Bridge Award handed over to Arconic

Arconic Receives Chain Bridge Budapest Award

Sep 26, 2019

The American company Arconic that specializes in lightweight metals engineering and manufacturing has announced that its Hungarian subsidiary, Arconic-Köfém Ltd., received the 2019 Chain Bridge Budapest Award. Launched in 2017, this prize is awarded each year by the Hungarian Investment Promotion Agency (HIPA) to the company that makes the greatest contribution to the development of […]

Denso logistics center Székesfehérvár

New Denso Logistics Center in Hungary

Sep 20, 2019

Japanese automotive component manufacturer Denso, which has been present in Hungary since 1997, has inaugurated its new logistics center in Székesfehérvár, SW of Budapest . The 17,000-square-meter logistics center is stocked with basic materials used in manufacturing as well as semi-finished and finished products. It comes with an investment of HUF 18.5 billion (some EUR […]

GMD Group plant in Dorog

Production Starts in GMD Group’s Hungarian Plant

Sep 16, 2019

The aluminum casting plant of the French automotive supplier GMD Group is now running on full capacity in Dorog, NW of Budapest. Its construction required an investment of over EUR 65 million, which made the plant the company's most modern and most efficient site in Europe. The investment was executed by GMD Cast Hungary (founded […]

Continental Automotive Celebrates 30 Years in Hungary

Continental Automotive Celebrates 30 Years in Hungary

Aug 30, 2019

German businesses settling in Hungary have been important players in Hungary in the three decades since the fall of communism and contributed to the creation of market economy in Hungary, Finance Minister Mihály Varga said at the jubilee celebration of Continental Automotive Hungary Ltd. established in 1989. The Finance Minister highlighted that the performance of […]

Audi Hungaria assembly hall

AUDI HUNGARIA Expands Capacities in Győr

Jul 24, 2019

AUDI HUNGARIA is to launch a comprehensive development at its plant in Győr, NW Hungary: it will expand the e-motor production capacity as well as the engine development center and the vehicle manufacturing infrastructure. The complex investment program worth EUR 127 million is the first step in the preparation to the challenges triggered by electro-mobility, […]


Bumchun Precision Comes to Hungary

Jul 24, 2019

South Korea's Bumchun Precision will build its first foreign plant in Hungary with an investment of HUF 13.3 billion . The new factory in Salgótarján, NE of Budapest, will manufacture aluminum battery connectors and will operate as a first-tier supplier to electric car manufacturers . At the official announcement, Hungarian Minister of Foreign Affairs and […]

Bridgestone Tatabánya

Bridgestone Transforms Tatabánya Plant into Smart Factory

Jul 5, 2019

Bridgestone EMEA is injecting EUR 36 million into its eight European plants, including the one in Hungary, transforming them into smart factories, the EMEA business of the world’s largest tire and rubber company has announced. In the company’s Hungarian factory in Tatabánya, west of Budapest, where tire production is already digitalized, the entire manufacturing process […]

Opening the Center for University-Industry Cooperation in Győr

Center for University-Industry Cooperation

Jun 26, 2019

The construction of the first Center for University-Industry Cooperation (FIEK) of Hungary has been completed in Győr. The new complex implemented with the cooperation of Audi Hungaria, Széchenyi István University (SZE) and the Municipality of Győr, will be transferred into the possession of the teachers and students in order to work on joint research and […]

Automatic transmission production in Eger | HIPA

Transmission manufacturing expanded in Eger

Sep 6, 2018

The German company ZF continues to manufacture its eight-speed automatic transmission for leading automotive companies in Eger, E Hungary. The choice of the venue was supported by the professional expertise of the staff and the excellent infrastructure.

| BMW Hungary

BMW to build factory in Hungary

Jul 31, 2018

BMW Group continues to expand its manufacturing network in Europe, with the aim of establishing a new plant in Hungary, near Debrecen. The value of the new investment will exceed EUR 1 billion, and the capacity will be up to 150,000 vehicles per year.

Construction machinery at the site of the Bosch center to be built in Budapest | Szilárd Koszticsák /MTI

Bosch expands its Budapest Engineering Center

Jul 12, 2018

The German multinational engineering and electronics company Bosch expands its Budapest Engineering Center with an EUR 120 million investment. In the new building complex , Hungarian engineers will develop Bosch's self-driving systems.

Mercedes ground-breaking ceremony in Kecskemét | Márton Kovács/MFAT

EUR 1 bn Mercedes investment in Hungary

Jun 5, 2018

Mercedes-Benz Cars is starting construction of its first 'Full-Flex Plant' in Kecskemét, about 90 kilometers in the south of Budapest. Overall, the company is investing one billion euros in the new car plant and creating over 2,500 jobs.

The abandoned site of the ore processing plant in Sajókeresztúr |

New vehicle industry supply center

Apr 4, 2018

ECM-Clean Limited is building a vehicle industry supply center in Sajókeresztúr, NE Hungary, on the territory formerly occupied by the Borsod Ore Treatment Plant (BÉM), with an investment of HUF 10 billion (about EUR 32 million).

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