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Automotive industry

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BMW Postpones Hungary Plant Construction

May 6, 2020

"In light of the current situation, we will be delaying a number of projects, like the plant in Hungary. Other projects will be carefully reconsidered. Now, more than ever, our investments need to be targeted and based on sound judgement," Nicolas Peter, Member of the Board of Management of BMW AG has announced. A press […]

The Magyar Suzuki factory in Esztergom

Magyar Suzuki Re-starts Production

Apr 22, 2020

On April 29, Magyar Suzuki Corporation will restart production. While introducing healthcare and safety measures which will be more complex than any other measure before, the company will gradually restore production in one shift at the beginning. The Esztergom plant, NW of Budapest, continuously monitors the market needs and shapes production plan according to this. […]

Audi Hungaria to Halt Production from Monday

Mar 17, 2020

Audi Hungaria Co. Ltd. in Győr, NW Hungary plans to shut down production from Monday due to the international coronavirus situation and the uncertainty in the supply of parts - the company informed the Hungarian news agency MTI on Tuesday. According to the announcement, production will be suspended at most of the Volkswagen Group sites, […]

Production line at the Mercedes plant in Kecskemét

Major Mercedes-Benz Investment at its Kecskemét Location

Mar 16, 2020

Mercedes-Benz AG increases flexibility in the global production network of Mercedes-Benz cars by building a new press shop on an area of ​​around 23,000 square meters in the company’s plant in Kecskemét, SE of Budapest. The new press shop will set standards in digitization in metal forming while design, development, planning, tool manufacturing and production […]

Audi Hungaria Closes 2019 with Excellent Production Results

Jan 16, 2020

Audi Hungaria ended 2019 with a high production result despite challenging conditions: last year, more vehicles rolled off the assembly line in Győr, NW Hungary than ever before. In addition, the company produced over 90,000 e-motors a year after production started. At the same time, 2019 saw the start of the serial production of the […]

Opel Capacity Expansion in Szentgotthárd

Jan 9, 2020

In the first days of 2020, PSA group starts to produce three-cylinder Turbo PureTech petrol engines at the Szentgotthárd plant in SW Hungary. 350,000 1.2-liter engines, of 100 and 130 hp, are expected to be produced in each year. Being awarded and implementing this strategic investment, the importance of the Szentgotthárd plant among the European […]

Audi starts mild-hybrid production in Győr

Audi Starts Mild-Hybrid Car Production in Győr

Dec 5, 2019

Audi Hungaria has begun the serial production of the Q3 and Q3 Sportback models with Mild Hybrid Electric Vehicles (MHEV) powertrain in Győr, NW Hungary. Both models feature a 1.5-liter TFSI engine, also made in Győr, in collaboration with a 48-volt on-board system and a Riemen-Starter-Generator (RSG). The production line had been prepared for the […]

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 […]

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