Hungarian industrial automation and process control specialist Controlsoft AutomatikaLtd. is set to establish a regional service center in Veszprém, W Hungary, the Hungarian Investment Promotion Agency (HIPA) reports. Controlsoft will build a development center and a test facility on an 11,000-square-meter site in Veszprém, equipped with solar panels and a heat pump system. Supported by […]
Húsüzem ['Meat plant'] Ltd., a meat processing company based in Zalaegerszeg (SW Hungary), and Széchenyi István University in Győr (NW Hungary) have partnered to develop a product line with health benefits by transforming meat industry by-products through biotechnology in Zalaegerszeg. The project was supported by Hungarian taxpayers with a HUF 407 million grant from the […]
Hungarian maintenance, repair and overhaul (MRO) company Aero Space Power will invest HUF 2 billion at its base in Kisvárda (NE Hungary) to build a new production hall in order to expand its portfolio. Aero Space Power is a rapidly growing company with a primary focus on providing MRO solutions to the aviation and power […]
Capacity expansion, research and development, and employee training are all part of a nearly EUR 200 million investment program that the American consumer goods giant is launching at its Gyöngyös and Csömör sites, both east of Budapest. A quater of the investment costs will be covered by Hungarian taxpayers through a government decision to provide […]
The investment of the telecommunications company Optiwella was opened on Monday in the south-eastern Hungarian city of Szeged. The HUF 860 million development has created a new generation of service and production capacity in the plant, which processes and refurbishes a variety of devices, and was needed to improve international competitiveness. The project was supported […]
South Korea-based Sang-A Frontec extends its production capacities at its site in Szada, Pest county. The company is implementing a EUR 25 million investment, of which some 14% is covered by Hungarian taxpayers through a government decision, to ramp up manufacturing of plastic battery parts for its main client, Samsung SDI. The development will create […]
