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New Investment at the Bock Winery

Jun 21, 2022

Bock Winery Ltd., based in Villány, S Hungary, has implemented developments worth more than HUF 1.5 billion in order to bring premium quality wines, grape juice and cold-dried fruit products to the market, the company informed the state news agency MTI on Tuesday. The statement said that a 3,700-square-metre raw material processing plant was built […]

Egis To Further Develop Infrastructure in Körmend

Jun 18, 2022

As part of the continuation of a series of large-scale developments since 2019, leading pharmaceutical giant Egis Gyógyszergyár Plc. now invests EUR 21.1 million in Körmend, W Hungary to install new technology, increase capacity and enhance efficiency. The investment is set to help the company not only produce more but also adapt to rapidly changing […]

Euronics Opens Robotized Warehouse in Üllő

May 19, 2022

The Euronics technical goods chain has opened a robotized warehouse in Üllő, just outside Budapest where the HUF 1.6 billion investment has doubled the warehouse space and, thanks to automation, the dispatch of goods is about 30% faster. A statement sent by the company to the state news agency MTI stresses that the artificial intelligence-controlled […]

Further Expansion by Chervon Auto

May 16, 2022

Following the foundation stone-laying of Chervon Auto’s first plant outside China last October, the company is already expanding its production base in Hungary. In the second phase of the investment, they will establish new capacities in value of EUR 49.2 million in Miskolc to manufacture metal castings for electric vehicles which should entail the creation […]

New Nutrition Bar Plant by Biotech USA in Szada

May 9, 2022

Hungarian-owned BioTech USA Ltd. establishes a new nutrition bar plant in Szada, east of Budapest, with a EUR 25.2 million investment. As a result of the project to be completed by late 2024, BioTech USA, a leading European food supplement producer plants to create 100 jobs. Nearly a quarter of the investment cost is covered […]

Rosenberger Firms Expand Production Capacity in Hungary

Apr 2, 2022

Rosenberger Group’s two Hungarian subsidiaries, Rosenberger Magyarország Elektronikai (‘Electronics’) Ltd. and Rosenberger Cabling Automotive Ltd., expand manufacturing capacity of automotive electronics and data transfer connectors with an over EUR 44 million investment in Hungary. The development to be carried out in three countryside locations, namely in Jászárokszállás, Jászberény and Nyírbátor, all in the eastern part […]

Toray Completes Large Investment in Nyergesújfalu

Mar 31, 2022

Toray Industries Hungary Ltd.’s new plant in Nyergesújfalu, NW of Budapest, has been inaugurated that marks the first phase of an EUR 408 million investment with the purpose of manufacturing battery separator film (BSF) used for lithium-ion batteries. The project that is set to employ 188 primarily highly skilled workers further strengthens Hungary’s position in […]

SCHOTT Expands Manufacturing Capacity in Hungary

Mar 11, 2022

The German SCHOTT Group adds manufacturing of prefillable glass syringes (PFS) in Lukácsháza to its Hungary portfolio. The EUR 76 million investment to be completed by 2024 will create 120 new jobs and is bound to address global demand for the product concerned. 12% of the costs are borne by Hungarian taxpayers through a government […]

Novation Tech Also Favored by Government Subsidy Scheme

Feb 11, 2022

Similarly to Turkish Şişecam Automotive, Italian Novation Tech, also engaged in the automotive sector, also announced its latest investment this week as well. Close to 35% of the HUF 1.3 billion investment cost is covered by Hungarian taxpayers through a government decision. The project that promises to create at least 50 jobs is also related […]

Wellis Expands Jacuzzi Manufacturing Capacity in Ózd

Feb 8, 2022

A new manufacturing center will be established by Wellis Magyarország Plc. for a EUR 5.7 million investment. As a result of the project to be implemented in Ózd, 100 new jobs will be created thanks to which the company can increase its global market share in the hydro massage pool segment. Over 30% of the […]

HUF 600 Million Investment in Törökszentmiklós

Jan 13, 2022

Kunsági Mill Ltd. in Törökszentmiklós, E Hungary, has improved its milling technology, and a HUF 600 million investment has increased the company's wheat storage capacity by 10,000 tons, the company said in a statement sent to the state news agency MTI on Thursday. According to the information, the company won a non-refundable grant of almost […]

EcoPro BM: First European Factory in Debrecen

Dec 9, 2021

South Korean electromobility firm EcoPro BM opens its first European factory unit in Debrecen, which is also the first location of the company outside Korea. The volume of the project is EUR 728 million. Thanks to the investment in manufacturing cathode material for lithium-ion batteries essential for electric vehicle batteries, about 631 new jobs will […]

Large CEVA Greenfield Investment in Hungary

Nov 24, 2021

Ceva Phylaxia, one of the world's leading animal vaccine producing companies, will set up a new vaccine factory along with the associated infrastructure by developing a new site under a greenfield investment in Hungary. With the technology-intensive investment of more than EUR 26 million in Monor, the 44-hectare site will store frozen and semi-finished vaccines […]

SEG Automotive Opens New Factory in Szirmabesenyő

Nov 18, 2021

Following a strategic investment SEG Automotive's new factory was opened in Szirmabesenyő. The 25,000-square-metre production hall together with the adjacent logistics hall totals 50,000 square meters. In addition to the relocated production lines, two new ones have also been purchased for almost EUR 6.2 million. Close to 30% of the investment cost is covered by […]

New Investment at Nestlé's Pet Food Factory in Bük

Nov 8, 2021

Nestlé Hungária starts yet another major investment in their pet food factory in Bük. In the framework of the more than EUR 96 million capacity extension project creating 120 jobs, a new wet food plant of 16,000 square meters will be established, where two new aluminum pouch production lines and 50 new robots will be […]

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