Italian air handling solutions specialist Weger launches an investment in Hungary to expand production capacity, the Hungarian Investment Promotion Agency (HIPA) reports. The EUR 24.6 million project aims at the construction of a 10,000 square-meter production hall in Jászárokszállás (Central Hungary), equipped with advanced machinery, as well as automated and digitalized manufacturing solutions to improve […]
Specialized in metal processing, Iron-Tech has announced a nearly EUR 6.5 million capacity expansion and energy efficiency investment. The project will create six new jobs at the company’s Szigetvár site in S Hungary. The Polish-owned company, with decades of experience, is a well-established player in Hungary’s engineering industry, specializing in precision CNC machining. Employing nearly […]
Thanks to the new technology applied at the Székesfehérvár plant of the American company Howmet, which provides advanced engineering solutions globally for the aerospace and transportation industries, production capacity will increase by 50%. The company's EUR 44.9 million investment inaugurated this week promises the creation of 80 new jobs in the region, according to a […]
This Monday, the Körmend site (in W Hungary) of Egis Pharmaceutical was visited by the Minister of Foreign Affairs and Trade, Péter Szijjártó and the CEO of the Hungarian Investment Promotion Agency (HIPA) István Joó, the company reports on its website. CEO Csaba Poroszlai and Plant Director László Sabáli reviewed, on behalf of the company, […]
German material handling and crane technology specialist Sennebogen is further expanding its production capacity in Hungary. Supported by the HIPA Hungarian Investment Promotion Agency, the EUR 5 million investment in the Bavarian firm’ second Hungarian site in Litér (Western Hungary) aims at the installation of a robotic welding system, capable of assembling large-scale steel structures […]
Huntsman Corporation Hungary Ltd., headquartered in the United States, has inaugurated its capacity expansion project in Pétfürdő, W Hungary, further strengthening the company’s manufacturing activities and contributing to the creation of around a dozen new jobs, the Hungarian Investment Promotion Agency (HIPA) reports. Founded in 1989, Huntsman Corporation Hungary is primarily engaged in the production […]
The German-owned Knaus Tabbert Ltd. has implemented an investment aimed at increasing its production capacity, as part of which it purchased a 25-hectare site in Horpács. One of Europe’s leading caravan and motorhome manufacturers, Knaus Tabbert, has been present in Hungary since 1993. In addition to manufacturing, its Hungarian operations also play an important role […]
Hungarian-owned Metal Kingdom Ltd. is establishing its new high-capacity site in Napkor to adapt even more efficiently to growing market demand, the Hungarian Investment Promotion Agency (HIPA) reports. Operating in Napkor, NE Hungary, the company is present on the market not only through steel structure manufacturing, but also with complex industrial solutions. Its activities range […]
Italian-owned Kaposvár-based Kométa 99 Plc., specializing in pig slaughtering and the production of meat industry products, is expanding its site with an investment of EUR 117.1 million. As one of the key players in the domestic food industry, it employs more than a thousand people in Kaposvár (SW Hungary). Under the program, the new state-of-the-art […]
Italian-owned Meth Electric Transformers will invest HUF 5 billion into expanding capacity at its base in Nagykanizsa (SW Hungary), creating 140 jobs, MTI reports. The government supports the investment with a HUF 290 million grant, Minister of Foreign Affairs and Trade Péter Szijjártó said on Tuesday. Meth will build an 8,000sqm plant, purchase new production […]
Kontron Electronics Ltd., the Hungarian subsidiary of the Kontron Group, a world leader in communication between machines operating in industrial environments, is implementing a capacity expansion investment in the southern Hungarian city of Pécs. Kontron Electronics Ltd. has been present in Hungary since 1991. In addition to its manufacturing activities, the company provides an integrated […]
German-owned SICK, which makes smart optical sensors, completed a HUF 10 billion plant and warehouse in Kunsziget (NW Hungary) on Friday, MTI reports. The development expanded production capacity by 50%. Managing director Imre Zsolt Vidó said at the handover ceremony that the project, which took several years to complete, expanded the area of the base […]
Hungarian-owned CE Glass Industries will invest HUF 1.6bn in a capacity expansion at its base in Szatymaz (SE Hungary), Minister of Foreign Affairs and Trade Peter Szijjártó said on Thursday. The government is supporting the investment with HUF 650 million, Szijjártó said, adding that it would secure around 180 local jobs. The minister pointed out […]
Swiss-owned building materials maker Swiss Krono is investing HUF 20 billion in a capacity expansion at its base in Vásárosnamény (NE Hungary), MTI reported on Tuesday. Hungarian taxpayers cover 15% of the investment through a government decision of a HUF 3 billion grant to support the project, which is expected to raise headcount to 200. […]
Capacity expansion, research and development, and employee training are all part of a nearly EUR 200 million investment program that the American consumer goods giant is launching at its Gyöngyös and Csömör sites, both east of Budapest. A quater of the investment costs will be covered by Hungarian taxpayers through a government decision to provide […]
