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investment

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Nestlé Adds Substantial Capacities To Pet Food Plant

D&T
Oct 5, 2023

Nestlé Hungária Ltd.’s capacity extension investment worth HUF 90 billion was celebrated in Bük this Thursday, marking the latest development of the Swiss company’s Hungarian operation. The project is expected to create 280 new jobs. Nestlé’s presence in Hungary comprises of its Budapest HQ and three plants in Szerencs, Diósgyőr and Bük. The latter site, […]

Austrian Electronics Supplier To Expand its Győr Site

D&T
Oct 3, 2023

Melecs GmbH celebrated its latest development at its site in Győr, NW Hungary by inaugurating a new production hall. The investment worth EUR 12 million includes not only the extension of the production area and capacities but also the making of new products and production-related infrastructure development. As a result, 120 new jobs are expected […]

Premium Automotive Supplier New Production Site in Miskolc

D&T
Sep 28, 2023

German-owned Meleghy Automotive implements a EUR 22.9 million investment in Miskolc with the aim of establishing production capacities in Hungary. Some 12% of the costs are borne by Hungarian taxpayers through a government decision. The project of the premium automotive supplier is said to create 55 new jobs. Meleghy & Cie Automotive GmbH can pride […]

Chinese Packaging Materials Factory to Be Built in Makó

D&T
Sep 26, 2023

Benepack Hungary Ltd. is building a packaging materials factory in the Makó industrial park in south-eastern Hungary. The foundation stone of the EUR 65 million (HUF 25.3 billion) investment was laid on Tuesday. Some of the investment costs are borne by Hungarian taxpayers , the amount of which was not disclosed but was described as […]

Series of Villeroy&Boch Investments in Hódmezővásárhely

D&T
Sep 14, 2023

German ceramics manufacturer Villeroy&Boch has carried out a series of investments worth EUR 14 million (more than HUF 5 billion) in Hódmezővásárhely, SE Hungary over three years. The company is expecting a shortfall in revenues this year due to the downturn in the construction industry, the director of the company's bathroom and wellness division, Georg […]

Mapei: New HUF 8 Billion Investment in Hungary

D&T
Aug 30, 2023

Mapei Ltd. is investing HUF 8 billion to build a new production line for roofing materials and a 12,000-square-meter warehouse in Hungary, the company, which manufactures and distributes building materials, told MTI on Wednesday. The development, to be completed by 2025, will be able to supply not only Hungary but also the region with high-quality […]

Factory to be Built in Kaposvár by a Chinese Investor

D&T
Aug 21, 2023

The Chinese company Jiecang Linear Motion Technology Co. Ltd., a leading provider of linear actuator products and solutions is to set up its largest European production site in Kaposvár, S Hungary. The plant is to start operations by the end of next year and it will also be the Chinese company's European logistics center, the […]

Intersnack Hungary Develops its Factory in Győr

D&T
Jun 30, 2023

Intersnack Hungary Ltd., the manufacturer of Chio snack products, has invested HUF 1.5 billion in a new automatic packaging system at its factory in Győr, NW Hungary. Intersnack Hungary said that the new machines are part of the company's consistent development over the past 10 years. The company has invested nearly HUF 4.5 billion in […]

Dreher Invests to Improve Manufacturing Capacity

D&T
Jun 22, 2023

Dreher Breweries has increased its aluminum can production capacity by 120% with an investment of HUF 7 billion, Gábor Békefi, CEO of the company, told MTI. He added that the production capacity of the Kőbánya plant has increased from 50,000 cans per hour to 110,000, making Dreher a potential exporter within the Asahi Group, in […]

New Samyang Biopharm Plant in Gödöllő

D&T
Jun 14, 2023

Korean-owned Samyang Biopharm’s new plant built for EUR 26.2 million has been inaugurated in Gödöllő where synthetic suture materials are manufactured. The company plans to ramp up production gradually, and it will create 55 jobs. South Korean Samyang Group has been present in Hungary since 2010 when Samyang EP Magyarország Kft. started to manufacture plastic […]

Raben Investment in Groupage Transportation

D&T
Apr 19, 2023

As part of its large-scale development series, Raben opened its new cross-dock facility in Dunaharaszti, just south of Budapest. Due to the investment of approximately EUR 7.5 million, the area of the former building was expanded by 75%, enabling the company to manage significantly increasing volumes and to exploit the growth potential of domestic and […]

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 […]

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