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New Railway Service Center by Knorr-Bremse in Budapest

D&T
Sep 21, 2021

The 8,000-square-meter new Railway Service Center of the world leading manufacturer of brake systems for railway and road vehicles, Knorr-Bremse Rail Vehicle Systems Hungária Kft., has been inaugurated in Budapest. As a result of the investment, which includes on-site infrastructure and building development, as well as technology development, the range of the company's service competencies […]

Hoffmann Neopac to Double Capacity in Debrecen

D&T
Sep 13, 2021

Tube packaging manufacturer Hoffmann Neopac is doubling its toothpaste tube production capacity in Debrecen. Under the project, two new production lines will be installed, which represent a unique technology manufactured by the company's own patent. With the help of this technology, the company manufactures toothpaste tubes for its premium dental customers as their exclusive supplier. […]

METRANS to Build Container Terminal as Logistics Center

D&T
Sep 10, 2021

The construction of the METRANS Group's container terminal - for which the laying the foundation stone this Thursday in Zalaegerszeg - will create a new logistics center in Hungary and increase the region's investment attractiveness. The cost of the southwestern Hungarian investment that promises to create 120 new jobs is close to HUF 16 billion, […]

Beurer Hungária Hall Opening Ceremony in Veszprém

D&T
Jul 21, 2021

Beurer Hungária Ltd., a manufacturer of medical devices with German background, is making an investment of around HUF 1.7 billion in Veszprém. Hungarian taxpayers will contribute HUF 485 million to the project, according to a government decision. Hungarian-German economic relations are a key factor in the development of the Hungarian economy. Germany is the biggest […]

Bosch Launches New Investments in Maklár

D&T
Jul 17, 2021

Robert Bosch Automotive Steering in Maklár is launching three projects, under which developments, on the one hand, it will implement the production of new-generation electric power steering gears replacing hydraulic steering gears, and on the other hand it will also expand production capacity and introduce new technologies, additionally will also set up a global service […]

MONO Expanding in Ipolytölgyes

D&T
Jul 6, 2021

MONO-Ipolyfabric, which designs and manufactures premium automotive interior decor elements will expand its production capacity and will set up a new R&D centre at its site in Ipolytölgyes. Thanks to the investment of almost EUR 17.5 million, 100 new jobs are expected to be created. The Belgian-owned Mono Group is a world-class company group engaged […]

Capacity Expansion by Cloud Network Technology

D&T
Jun 16, 2021

As a member of the Foxconn Group, Cloud Network Technology launches warehouse capacity expansion investment of more than EUR 15 million in Komárom, NW Hungary. About 20% of the investment cost is covered by Hungarian taxpayers. The establishment of a new 17,000-square-meter storage capacity supports the production of high-tech data centers and network communication devices. […]

Audi to Expand Its Tool Factory in Győr

D&T
May 4, 2021

German carmaker Audi is starting a new investment in its tool factory in Győr, NW Hungary. In the framework of the project of more than EUR 10 million, the current production hall will be extended by 3,800 square meters for exclusive series production, and the logistics hall will increase by 2,500 square meters. While retaining […]

Nolato Hungary headquarters

Nolato to Increase its Production and Storage Area

D&T
Feb 13, 2021

With a development cost of EUR 21 million, Nolato Hungary Ltd. that manufactures hygienic and medical products, is to increase its production and storage area in this country by more than 150%. The Hungarian government is to cover about one fifth of the costs of development. While retaining existing jobs, the complex project that also […]

Automation Specialist Balluff Develops in Veszprém

D&T
Feb 11, 2021

Balluff-Elektronika Ltd.. specialising in the production of electronic components is to launch a new research and development project at its site in Veszprém, midwestern Hungary, targeting the major regeneration of sensors and network devices for industrial automation. The investment of almost EUR 5.8 million creates new jobs for 30 highly qualified employees, by which the […]

Thyssenkrupp: Engineering Service Center in Veszprém

D&T
Jan 21, 2021

The German multinational conglomerate Thyssenkrupp launches another electromobility-related development project in Veszprém, W Hungary where the company will establish an engineering service center with an investment of slightly over EUR 6 million. The Hungarian government is to cover 35% of the investment costs of the project that promises to create 80 new engineering positions within […]

Battery Parts Factory To Be Built in Gödöllő

D&T
Dec 22, 2020

Kedali Hungary Ltd. will invest EUR 40 million in a new factory in Gödöllő (just east of Budapest) that will become an aluminum structural component part provider for Samsung SDI. As the Hungarian Investment Promotion Agency reports, the plant's trial run is expected to start in spring next year, while serial production will reach its […]

Powering up Hungary for a Decade of Growth

D&T
Nov 27, 2020

Amid the social and economic pain brought by the global COVID-19 crisis, remembering past strengths and looking beyond the pandemic might be difficult. As they work to mitigate the impact of the pandemic, Hungary’s public and private leaders must set aside time to envision and implement measures that will build on the country’s solid fundamentals […]

Sanofi Increasing Production Capacity in NE Hungary

D&T
Oct 19, 2020

Hungary's second largest healthcare company, Sanofi, is investing about EUR 22 million euros (approx. HUF 7.9 billion) in its Miskolc plant, increasing its production capacity for pre-filled syringes by 50%. The Hungarian government contributes HUF 1.2 billion to wards the investment. Following the investments of the past years, Sanofi is now launching another significant expansion […]

Nestlé to Launch Large Food Development Project

D&T
Oct 11, 2020

An EUR 140 million investment is in focus in Nestlé's production center in Bük (W Hungary), which supplies pet food to over 50 countries around the world. With this development, the factory's capacity will be increased by an additional 30%, at the same time creating 160 new jobs, which will soon make the plant into […]

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