A project was inaugurated at the Nyíregyháza Industrial Park in NE Hungary, in the northeast corner of the country, on Tuesday, the Ministry of Foreign Affairs and Trade said in a statement. According to the statement, decision to build a new, 640-hectare industrial park in the city was taken after its first one had reached […]
The electricity distributor company OPUS TITASZ inaugurated an HUF 18.2bn substation in Nyíregyháza (NE Hungary) this Friday. The investment, supported by European Union funding, is said to boost the electricity distributor's capacity by 45%, allowing it to meet fully demand at the local industrial park. At the inauguration ceremony, Energy Minister Csaba Lantos highlighted the […]
A major development has been introduced at the Michelin plant in Nyíregyháza, NE Hungary. The sports car tire factory is modernizing its curing equipment by replacing the existing steam presses with electric ones, and thereby reducing its energy consumption. Curing (or vulcanization) is the final stage in the tire manufacturing process, during which the tires […]
The Hungarian EV ecosystem is going to be enriched by yet another battery manufacturer that is ranked top 10 in the world, according to the Hungarian Investment Promotion Agency (HIPA). The announcement by Sunwoda of an initial investment of EUR 245 million marks a new chapter in the history of the Chinese firm to set […]
From January 2024, the Electrolux factory in Nyíregyháza, NE Hungary, will no longer produce refrigerators. The company took this decision after examining the capacity utilization of the plant, which employs 650 people, and future volume forecasts. "The results of the impact study and the current business environment required us to act. Our goal remains to […]
The German Boysen Group has announced that it will build a battery casings plant in Nyíregyháza, NE Hungary that will be the first facility of its global operation to manufacture exclusively EV products, the Hungarian Investment Promotion Agency reports. A EUR 150 million investment, over 9% of which is covered by Hungarian taxpayers through a […]
Korean-owned W-Scope Hungary Plant Ltd. celebrated the foundation stone-laying of its lithium-ion battery separator plant in Nyíregyháza, NE Hungary this Tuesday. The investment worth EUR 720 million is set to boost the competitiveness of the company in a quickly developing EV market. Up to 1,200 new jobs will be created as a result, with mass-scale […]
