Mercedes-Benz Manufacturing Hungary Ltd.'s 2024 revenue was EUR 4.171 billion, down by more than EUR 904 million from 2023, while the automotive company's profit after tax fell to EUR 57.596 million last year from EUR 95.661 million a year earlier, the company said on Thursday on the Budapest Stock Exchange (BSE) website. According to a […]
Japanese instant noodle giant Nissin Foods is expanding its operations in Kecskemét with a new production facility, the Hungarian Investment Promotion Agency reports. The Tokyo-based company, manufacturing products of iconic brands, such as Smack and Soba, is investing approximately EUR 100 million to establish its second factory in Hungary. The development will take place on […]
German-owned SCHEDL Hungária Ltd., a company specializing in the assembly and in-sequence delivery of complete wheels, invests EUR 101.1 million to open new production facilities in two Hungarian cities, Debrecen and Kecskemét, the Hungarian Investment Promotion Agency (HIPA) reports. The greenfield investment, about 5% of which is to be covered by Hungarian taxpayers as state […]
MVM Green Generation Ltd., a member company of the MVM Group active in renewable energy production, will build a new solar power plant in Kecskemét by the end of the year with a total investment of nearly HUF 10 billion, it was announced in Kecskemét on Wednesday. László Gál, CEO of MVM Green Generation Ltd., […]
As a result of an investment of some EUR 45 million, Nissin Foods substantially ramps up its manufacturing and logistics capacities at its Kecskemét site. Storage space and production volume of the Japanese instant noodle producer will be increased and 50 new jobs will be created. About 7% of the investment cost are covered by […]
The new site of the waste treatment and recycling company Saubermacher-Hungary Ltd. in Kecskemét was inaugurated this week. It was built with an investment of HUF 1.5 billion, with the support of the Hungarian state, which provided around HUF 256 million (17%) of the investment costs. Péter Horváth, Managing Director of Saubermacher-Magyarország Ltd., emphasized that […]
An investment of over EUR one billion is set to propel Mercedes-Benz forward in the global electrification race as the German car manufacturer intends to install new assembly and body shop production lines at its Kecskemét plant, the Hungarian Investment Promotion Agency reports. The development that is meant to maintain 4,500 jobs and create a […]
Metalconstruct Aluminium Structures Factory Plc., based in Kecskemét, Hungary, will build a new plant hall and expand its aluminum foundry with new equipment with an investment of about HUF 450 million at its Sirok site in NE Hungary, the company's CEO told the state news agency MTI. CEO Ernő Kis highlighted that the European Union […]
Indian-owned automotive supplier Motherson Group has invested around EUR 16 million to develop its Hungarian sites in Győr, Mosonmagyaróvár, Mosonszolnok and Túrkeve, and has expanded its Kecskemét plant with a new hall. More than a third of the investment will be covered by Hungarian taxpayers due to a government decision. The new hall, which was […]
The Mercedes factory in Kecskemét, SE of Budapest, has been shut down, there will be no production until January 12. That is according to a statement to the press by Mercedes-Benz Manufacturing Hungary Ltd. The factory said that they have modified their production plan to adapt to the constantly changing parts supply situation. The start […]
Production at the Mercedes-Benz plant in Kecskemét is halted due to a shortage of semiconductor circuit components, the state news agency MTI reports. It is not only the German manufacturer's Kecskemét plant, but also the one in RastattGermany will shut down next week, and this week production has already been halted at the Bremen plant […]
The production stoppage due to a shortage of spare parts stretched over three weeks. From Monday this week, the Mercedes-Benz factory in Kecskemét, E Hungary, has resumed production, the business daily Világgazdaság reports. The newspaper reminds that the automotive company announced at the end of July that it would take a three-week break in production […]
370 films from 30 countries are screened this week at the 15th Kecskemét Animation Film Festival, which runs until Sunday. The festival coincides with the 50th anniversary of the founding of the Kecskemét animation studio, which is celebrated with a screening of ten thematic selections and an exhibition of the most memorable moments of the […]
There have been reports that production at the Mercedes factory in Kecskemét will be halted for several weeks. The local news site hirös.hu contacted the company last week, and today, Mercedes-Benz Manufacturing Hungary Ltd. replied to the enquiry. As they write, “we are currently experiencing supplier difficulties in the supply of certain semiconductor components worldwide, […]
The Mercedes-Benz plant in Kecskemét, East Central Hungary has modified its production program until the 17th calendar week due to supplier difficulties, the company told the business daily Világgazdaság. The calendar week referred to is the one from 26 April to 2 May, however, the local news website reported that the car manufacturing plant was […]
