GlaxoSmithKline Biologicals Ltd., based in Gödöllő, about 30 kilometers northeast of Budapest, serves as one of the world’s centers of excellence for vaccine manufacturing. The Gödöllő site has been producing vaccine components, bulk antigen and carrier protein since 2002, building on a 50-year scientific competence heritage in Hungary. The site produces the raw materials for […]
The Hungarian subsidiary of German biotech company Verbio, XiMo is set to build its first industrial-scale facility in the country, leveraging its co-founder’s Nobel Prize-winning research in sustainable chemistry, the Hungarian Investment Promotion Agency (HIPA) reports.. The EUR 27.7 million investment launched in Gödöllő – 30 kilometers from the capital Budapest – will further strengthen […]
Hungary continues to strengthen its position in the pharmaceutical industry as Singapore-based Hongene Biotech has announced the establishment of its first European manufacturing facility in Gödöllő, just east of Budapest. The nearly EUR 94 million greenfield investment will create 150 new jobs and contribute significantly to Hungary’s export performance, according to the Hungarian Investment Promotion […]
Chinese-owned Wasion, one of the leading global energy solution providers is investing over EUR 10.5 million to set up its new production site in Gödöllő, located in Pest county, Hungary, the Hungarian Investment Promotion Agency reports. The R&D and manufacturing base, close to 10% of which is paid for by Hungarian taxpayers through a government […]
TRUMPF Hungary Ltd. has opened a new Southeast European headquarters and digitally networked demonstration facility to boost sales of sheet metal working machines for networked manufacturing and lasers for battery technology and the automotive industry. The group plans to reach a turnover of EUR 100 million in the region by the middle of the decade. […]
Lear Corporation Hungary Ltd., the local subsidiary of the automotive multinational firm, announced the collective redundancies of more than 800 employees at a workers' meeting this week. Zsolt Kozma, president of the Lear Employees' Union, told reporters that the company announcement about the layoff means the closure of the wiring loop factory in Gödöllő, east […]
