South Korean tire maker Hankook has completed a EUR 540 million expansion at its plant in Rácalmás (C Hungary) where production of truck and bus tires will begin in October. The newly built plant has an annual production capacity of more than 800,000 units. The South Korean conglomerate announced on Tuesday that the fourth phase […]
German car maker Mercedes-Benz inaugurated an expansion at its manufacturing base in Kecskemét (C Hungary) this Monday to accommodate production of the electric C-Class model. Prime Minister Péter Magyar drove an electric model with Mercedes-Benz Group chairman Ola Kallenius to the site of the ceremony. On the way, Péter Magyar said the aim was to […]
The French electronics company is to expand its factory in Dunavecse in central Hungary with an investment of more than HUF 15 billion, creating 270 new jobs, with a HUF 1.5 billion subsidy from the Hungarian government. The investment will increase the floor area of the Duna Smart Power Systems (DSPS) smart factory in Dunavecse […]
