investment - Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Sat, 16 May 2026 22:03:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png investment - Diplomacy & Trade https://dteurope.com 32 32 ABB Expanding Factory Capacity in Kecskemét https://dteurope.com/business/abb-expanding-factory-capacity-in-kecskemet/ Sat, 16 May 2026 11:48:00 +0000 https://dteurope.com/?p=79646 Electrical engineering company ABB will invest HUF 5 billion to expand capacity at its base in Kecskemét (East Central Hungary), the company has announced. As part of the development project in Kecskemét, new machines, injection molding equipment, robotic solutions, and additional production lines will be installed. The investment will enable increased production of several medium-voltage […]

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]]> BHS Trans Opens Its New Logistics Center https://dteurope.com/logistics/bhs-trans-opens-its-new-logistics-center/ Tue, 14 Apr 2026 07:29:00 +0000 https://dteurope.com/?p=79081 The goal of the investment is to provide state-of-the-art warehousing and logistics solutions that enable the company to meet the partners' growing needs with high-quality service. BHS Trans Ltd., a Hungarian-owned company and strategic partner of HELL Energy, specializes in warehousing and logistics operations. The company has established a logistics center worth nearly EUR 35 […]

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]]> Plastic Industry Expansion Inaugurated in NE Hungary https://dteurope.com/business/plastic-industry-expansion-inaugurated-in-ne-hungary/ Sat, 11 Apr 2026 08:15:00 +0000 https://dteurope.com/?p=78973 An investment worth EUR 8.19 million has been inaugurated at the Szirmabesenyő site of the 100% Hungarian-owned Ongropack Ltd., further strengthening the company’s market position in Hungary’s plastics industry. Ongropack Ltd. was founded in 1994 and is the only PVC sheet manufacturer in Central and Eastern Europe. With its foamed sheet products, Ongropack is at […]

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]]> Tolnatej Invests in New Whey Processing Plant https://dteurope.com/business/tolnatej-invests-in-new-whey-processing-plant/ Tue, 31 Mar 2026 07:36:00 +0000 https://dteurope.com/?p=78875 The Hungarian dairy company Tolnatej has announced a new investment project. As part of the EUR 26.1 million development, the company will establish a new, automated whey protein processing plant in Szekszárd. The investment will enable Tolnatej to enter a new product segment and strengthen its market position and export capabilities by producing high value-added […]

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]]> SUGO FOOD Expands with New Investment in Baja https://dteurope.com/business/sugo-food-expands-with-new-investment-in-baja/ Mon, 30 Mar 2026 13:58:00 +0000 https://dteurope.com/?p=78872 SUGO FOOD Ltd. has announced a EUR 45 million investment at its site in Baja, S Hungary. As part of the development, the company’s existing production capacity will be expanded, alongside upgrades to its energy infrastructure. The project is expected to create 30 new jobs. The Belgian-owned SUGO FOOD is Hungary’s only producer of tortilla […]

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]]> Pioneering R&D Investment by Hungarian Medicine Firm https://dteurope.com/business/pioneering-rd-investment-by-hungarian-medicine-firm/ Mon, 30 Mar 2026 09:33:00 +0000 https://dteurope.com/?p=78852 Hungarian nuclear medicine supplier Medi-Radiopharma is launching an R&D investment to develop a pioneering manufacturing technology, the Hungarian Investment Promotion Agency (HIPA) reports. Supported by the HIPA, the EUR 6.56 million investment aims to introduce an industry-scale, automated technology to produce radiopharmaceuticals, that is faster, and more efficient and accurate than the currently dominant manual, […]

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]]> Spar Spends HUF 4.3 Bn on Three Store Upgrades https://dteurope.com/news/spar-spends-huf-4-3-bbn-on-three-store-upgrades/ Fri, 27 Mar 2026 09:27:00 +0000 https://dteurope.com/?p=78787 Spar Hungary has modernized one hypermarket and two supermarkets at a total cost of over HUF 4.3 billion; all three stores reopened on Thursday, the company told MTI. The company reopened its Interspar store in Veszprém (W Hungary); during the nearly HUF 2.8 billion investment, the floor space of the more than 4,000-square-meter sales area […]

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]]> TUBEX Expands Production Capacity in Sirok https://dteurope.com/business/tubex-expands-production-capacity-in-sirok/ Fri, 27 Mar 2026 08:18:00 +0000 https://dteurope.com/?p=78782 TUBEX Mátra Ltd., a German-owned company, is implementing a significant investment at its site in Sirok (NE Hungary), which will expand production capacity, modernize the facility, and support more sustainable operations, the Hungarian Investment Promotion Agency (HIPA) reports. TUBEX manufactures lightweight metal packaging solutions, primarily producing aluminum aerosol cans and tubes. The company’s products are […]

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]]> MAB Group Establishing Rock Wool Insulation Plant https://dteurope.com/business/mab-group-establishing-rock-wool-insulation-plant/ Thu, 26 Mar 2026 16:48:00 +0000 https://dteurope.com/?p=78776 As part of the EUR 23.1 million investment by the MAB Group — one of Hungary’s largest privately owned mining and construction materials companies — a rock wool insulation manufacturing plant will be built with a maximum production capacity of up to 50,000 tons. The project in Heves County by MAB Insulations Ltd., part of […]

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]]> New Chapter in the History of Herendi Porcelain https://dteurope.com/business/new-chapter-in-the-history-of-herendi-porcelain/ Sat, 21 Mar 2026 08:00:00 +0000 https://dteurope.com/?p=78623 The investment that also includes sustainability elements aims to strengthen Herendi Porcelain Manufactory Plc.'s international position. One of Hungary's most well-known and prestigious brands is Herendi Porcelain Manufactory Plc. which has been crafting handmade porcelain decorative items since 1826. Its products are available in more than 60 countries, with its main markets being Europe, Asia […]

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]]> Huntsman’s Pétfürdő Operations Reach a New Level https://dteurope.com/business/huntsmans-petfurdo-operations-reach-a-new-level/ Fri, 20 Mar 2026 08:11:00 +0000 https://dteurope.com/?p=78614 Huntsman Corporation Hungary Ltd., headquartered in the United States, has inaugurated its capacity expansion project in Pétfürdő, W Hungary, further strengthening the company’s manufacturing activities and contributing to the creation of around a dozen new jobs, the Hungarian Investment Promotion Agency (HIPA) reports. Founded in 1989, Huntsman Corporation Hungary is primarily engaged in the production […]

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]]> New Pharmaceutical Industry Investment in Hungary https://dteurope.com/news/new-pharmaceutical-industry-investment-in-hungary/ Fri, 06 Mar 2026 15:03:00 +0000 https://dteurope.com/?p=78379 Denmark-based Xellia Pharmaceuticals is investing EUR 70.85 million in Szigetszentmiklós, south of Budapest, further strengthening Hungary's role in the European healthcare and antibiotic supply chain. The development aims to create a modern, automated pharmaceutical manufacturing plant and promises create 91 new high value-added jobs. Headquartered in Copenhagen, Xellia Pharmaceuticals is a specialty pharmaceutical company focused […]

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]]> HBPO Opens Business Services Center in Hungary https://dteurope.com/business/hbpo-opens-business-services-center-in-hungary/ Thu, 05 Mar 2026 13:12:00 +0000 https://dteurope.com/?p=78354 Automotive front-end module manufacturer HBPO is expanding its activities in Hungary beyond production by opening a business services center. Established in Győr, western Hungary, the center supports 24 HBPO plants in Central Europe, by providing R&D and engineering services, including the development of Industry 4.0 digital solutions and manufacturing tools. The EUR 4 million investment, […]

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]]> Graboplast Launches HUF 9.3Bn Investment Program https://dteurope.com/business/graboplast-launches-huf-9-3bn-investment-program/ Thu, 05 Mar 2026 11:36:00 +0000 https://dteurope.com/?p=78366 Special flooring maker Graboplast will invest HUF 9.3 bn in a capacity expansion, complemented by an R+D development, at its base in Győr (NW Hungary), it was announced on Thursday. The Hungarian-owned company, which is the market leader in Central Europe in the field of special flooring manufacturing, is implementing a capacity expansion and a […]

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]]> Biolab Capacity Expansion in Pomáz https://dteurope.com/healthcare/biolab-capacity-expansion-in-pomaz/ Wed, 25 Feb 2026 15:01:00 +0000 https://dteurope.com/?p=78213 Hungarian-owned Biolab Diagnostic Laboratory Plc. is implementing a EUR 3.26 million capacity expansion project at its Pomáz site, the Hungarian Investment Promotion Agency (HIPA) reports. The company manufactures microbiological diagnostic products for the pharmaceutical and medical technology sectors and is the only company in Central Europe to provide laboratories with a complete range of equipment […]

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