ganz - Diplomacy & Trade

Ganz Doubles Production Capacity in Tápiószele

D&T — Wed, 30 Jul 2025 12:37:00 +0000

Building on more than 150 years of industrial tradition, Hungarian-owned Ganz is launching a major capacity expansion at its Tápiószele plant. Supported by the government’s '150 New Factories Program',the EUR 50.4 million investment will not only double the company’s production volume, but also create 300 new jobs in the region. The development further strengthens Ganz’s […]

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Ganz Company’s Turnover Doubled in 2024

D&T — Thu, 17 Apr 2025 13:08:00 +0000

Ganz Transformers and Electric Rotating Machines Ltd. closed the 2024 business year with an outstanding result, its net sales more than doubled compared to last year, and its profit after tax increased almost fourfold, the company told MTI on Thursday. According to a statement, the net sales of the company, which has been 100% Hungarian-owned […]

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Transformer Manufacturer Ganz Doubles Revenue

D&T — Mon, 17 Apr 2023 15:18:00 +0000

Compared to 2021, the sales revenue of Ganz Transformer and Electrical Rotating Machinery Manufacturing Ltd. almost doubled to a total of EUR 43.89 million – roughly HUF 17.5 billion – in 2022, the heavy machinery manufacturer said in a statement sent to MTI on Monday. They pointed out that the company's operating profit increased to […]

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