MENU
Articles by #hashtag

investment

50 hits

HUF Ten Billion Investment by Gebrüder Weiss

D&T
Oct 13, 2022

Logistics service provider Gebrüder Weiss Ltd. is expanding the capacity of its central logistics base with a HUF 10 billion investment, the company told the state news agency MTI on Thursday. According to the information, a new hall and complex of 10,500 square meters will be built in Dunaharaszti, south of Budapest, next to the […]

Caadex Ltd. Investment with EU Funding in Hungary

D&T
Oct 9, 2022

Hungarian family-owned Caadex Ltd. in Mindszentgodisa, S Hungary, has decided to invest more than HUF 500 million in energy and equipment, the company informed the state news agency MTI. According to the statement of the Baranya County company, which is engaged in the production and trade of tin and steel products, the HUF 357 million […]

Extended Tool Plant for Audi Hungaria in Győr

D&T
Sep 27, 2022

Following a EUR 10.6 million investment, almost a third of which is covered by Hungarian taxpayers through a government decision, the expansion of Audi Hungaria’s tool plant is now complete, providing a dynamic backdrop to the continuously developing operation of the company in Győr, NW Hungary. As a result, more space of 6,300 square meters […]

Chinese Investment with Hungarian Subsidy in Debrecen

D&T
Sep 6, 2022

Chinese-owned Halms Hungary Ltd. invests EUR 43 million in Debrecen to manufacture e-car parts with the aim to be able to meet customer demand in Europe faster and from a closer location. The project that is to create 300 new jobs further enriches an already very much vibrant local EV ecosystem, the Hungarian Investment Promotion […]

Large-Scale Developments in Hungary by OBO Bettermann

D&T
Sep 2, 2022

An investment of EUR 49 million at its site in the village of Bugyi, located near Budapest, is set to boost the growth of electric installation manufacturer OBO Bettermann. The German company that celebrates 110 years of operation will build a new surface treatment plant, expand its logistics capacity, and create 100 new jobs as […]

New Investment at the Bock Winery

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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 […]

© Copyright 2023 Duax Kft. –  All rights reserved.
sun