An important supplier of the battery industry, South Korean-owned Nice LMS Hungary Ltd. sets up a new production plant of some 6,000 sqm for EUR 14.4 million in Vác, north of Budapest. The project will result in creating up to 60 jobs, and thus contribute to the already vibrant local battery cell producing ecosystem to […]

The second phase of Samsung SDI’s Hungarian investment with the construction of new buildings at the company’s business site in Göd, north of Budapest, is now completed. The second phase will yield 1,200 new jobs and a significant increase in the plant’s battery cell production. The Korean company invested EUR 1.2 billion to expand the […]