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automotivesupplier

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New Automotive Investment Announced

D&T
Jul 23, 2024

The new investment of about HUF 21 billion by BC GEN Hungary Ltd., an automotive supplier company with a South Korean ownership, will create four hundred new jobs in Salgótarján, Minister of Foreign Affairs and Trade Péter Szijjártó announced in Budapest. The development is supported by HUF 3.75 billion in Hungarian state subsidy. According to […]

Indian Automotive Supplier Expands in Hungary

D&T
Jun 7, 2024

SMR Automotive Mirror Technology Hungary, a Motherson Group company, has announced to implement a EUR 33.3 million investment in Hungary. The Indian automotive supplier’s development aims to expand production and logistics capacities and install automation at four different sites in the country. A statement by the Hungarian Investment Promotion Agency says that  Indian-owned Motherson Group […]

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