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 […]

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 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, […]

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 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 […]

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 […]

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 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.

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-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.

Mercedes-Benz Manufacturing Hungary Ltd. has had another successful year: its production last year was 4.1% higher than in 2016, and more than 190,000 Mercedes-Benz compact cars were manufactured in its Kecskemét factory.

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).

The Hungarian family business Csaba Metál Co. Ltd. that has grown into a reputed and recognized supplier at European level for the automotive industry further develops its facilities with a EUR 18.5 million capacity expanding investment generating 165 new jobs.

Construction works have been launched for South Korea’s third largest company SK Innovation to build a plant manufacturing batteries for use in electric cars in the industrial park in Komárom with an investment worth HUF 97.5 billion.

Canadian-owned Linamar Hungary Cls. will be creating two hundred new jobs in provincial Hungary at three locations with an investment of HUF 8.64 billion (EUR 27.5 million), 119 in Orosháza, 71 in Békéscsaba and ten in Gyöngyös.