Swedish medical technology and plastic components manufacturer Nolato has completed a major production capacity expansion in Hungary, and announced new plans for further expanding its footprint in the country, the Hungarian Investment Promotion Agency (HIPA) reports. The investment worth EUR 21.2 million, close to 15% of which is covered by Hungarian taxpayers through a government […]

Hungarian haulier Waberer's International has inaugurated an almost HUF 1bn expansion of its vehicle service facilities at its base in Mosonmagyaróvár (NW Hungary) on Friday. As part of the investment, a repair shop, service building, tire repair shop and vehicle washer were built and expanded. Last year, nearly 2,700 trailers and 2,100 semi-trailers were serviced […]

SMR Automotive Mirror Technology Hungary, a Motherson Group company, has announced to implement a EUR 33.3 million investment in Hungary. The Indian automotive supplier’s development aims to expand production and logistics capacities and install automation at four different sites in the country. A statement by the Hungarian Investment Promotion Agency says that  Indian-owned Motherson Group […]