German engineering giant Bosch will strengthen its electromobility R&D and production activities in Hungary. “Our goal is to make Budapest a center in central and eastern Europe for the development of electric and hybrid drivetrains as well other technical solutions,” the top Bosch official in Hungary, István Szászi points out. As reported by the Hungarian […]

The world's largest Bosch power tool plant, located in Miskolc, NE Hungary, and at the same time the company's European battery manufacturing competence center, is expanding with a new production hall. In the 20,000 sqm hall now inaugurated this week, wireless power tools and associated batteries for DIY and gardening enthusiasts are manufactured, and this […]

Chervon Auto establishes its first plant outside China in Hungary. The value of the greenfield investment aimed at serving European partners more efficiently is more than EUR 50 million. According to a report by the Hungarian Investment Promotion Agency, the new plant in Miskolc will have a capacity to produce up to 2 million vehicle […]

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 […]

The Hungarian Cultural Institute in Brussels presents a series of events organised by the International Opera Festival of Miskolc during the first month of Hungary's European Union presidency as a contribution from Hungary's third largest city.