The Hungarian dairy company Tolnatej has announced a new investment project. As part of the EUR 26.1 million development, the company will establish a new, automated whey protein processing plant in Szekszárd. The investment will enable Tolnatej to enter a new product segment and strengthen its market position and export capabilities by producing high value-added […]

Hungarian nuclear medicine supplier Medi-Radiopharma is launching an R&D investment to develop a pioneering manufacturing technology, the Hungarian Investment Promotion Agency (HIPA) reports. Supported by the HIPA, the EUR 6.56 million investment aims to introduce an industry-scale, automated technology to produce radiopharmaceuticals, that is faster, and more efficient and accurate than the currently dominant manual, […]

Thanks to the new technology applied at the Székesfehérvár plant of the American company Howmet, which provides advanced engineering solutions globally for the aerospace and transportation industries, production capacity will increase by 50%. The company's EUR 44.9 million investment inaugurated this week promises the creation of 80 new jobs in the region, according to a […]

Swiss-owned MAM-Hungária Ltd., which makes bottles and pacifiers for infants, is undertaking a HUF 4.5 billion capacity expansion at its base in Vaskeresztes (W Hungary). Since 1990, the factory in Vaskeresztes has been producing baby pacifiers, bottles, cups and oral care products, significantly contributing to the region’s economic development. Products manufactured in Hungary reach more […]

Hungarian-owned EL-Q Invest Ltd. has invested EUR 6.8 million to build a new nitrogen production plant at its Pécs site. This ensures a reliable and continuous nitrogen supply for companies in Baranya, lowering the risk of disruptions. During the production process – especially in the manufacturing of electronic components and chips – a clean, contaminant-free […]

Machinery maker Körber Hungária is undertaking a major investment program at its base in Pécs (S Hungary), the Hungarian Investment Promotion Agency (HIPA) reports. The business service center, which has so far provided IT, engineering, financial and management support to multiple business units of the German-owned subsidiary, is being expanded by the company. Alongside the […]

German-owned SICK, which makes smart optical sensors, completed a HUF 10 billion plant and warehouse in Kunsziget (NW Hungary) on Friday, MTI reports. The development expanded production capacity by 50%. Managing director Imre Zsolt Vidó said at the handover ceremony that the project, which took several years to complete, expanded the area of the base […]

German-owned automotive supplier ZF Chassis Modules will invest HUF 10bn in Debrecen (E Hungary), creating 230 jobs, Minister of Foreign Affairs and Trade Péter Szijjártó said on Tuesday. The company will make front and rear axles at the new plant exclusively for electric vehicles made at the BMW plant in Debrecen. Output of Hungary's automotive […]

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 Japanese company has set up a carboxymethyl cellulose processing plant on its 43,000-square-meter site in Vácrátót, north of Budapest. The environmentally friendly product produced here is used as a binder for electric vehicle batteries. The larger granules of the raw material, which are delivered to the Nippon Paper Chemicals Europe plant, are ground into […]

So far, more than 3,400 companies have requested funds for the purchase of green vehicles, the requests received so far together cover more than half of the total amount of HUF 30 billion, around HUF 16 billion, the Ministry of Energy (EM) reported. The largest proportion of subsidies were requested for passenger cars, this category […]

As part of the HUF six billion development by the French engineering concern, modern machines were purchased, which can increase the production capacity by 40%. According to a government decision, 20% of the development amount is covered by Hungarian taxpayers. Alstom told MTI on Wednesday that the investment amount will be used to modernize its […]

The Hungarian automotive company Autóflex-Knott Ltd. has completed an HUF 800 million development to increase its market share in the US and Europe. Hungarian taxpayers, thanks to a government decision, have provided HUF 400 million for the purchase of machinery to machine higher-performance parts. A solar panel system was also recently installed on site, enabling […]

Bayer Construct Plc. is to build a factory in Sóskút, southwest of Budapest, where it will operate a bathroom assembly plant, as part of a new HUF 15 billion investment, according to a statement by the Ministry of Foreign Affairs and Trade. The project, which promises to create 100 new jobs, will be subsidized by […]

Thanks to a EUR 59.6 million investment BorgWarner takes its Hungarian operation to the next level in Oroszlány, Hungary. The American automotive supplier will add new products to its portfolio to serve demand in the hybrid and electric drivetrain segment. According to a government decision, Hungarian taxpayers cover over a fifth of the investment costs […]