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 […]
E.ON Hungária Group is installing industrial-scale electric boilers capable of generating enough heat to heat nearly 1,500 homes annually in the district heating system of Székesfehérvár. The aim of the investment, worth more than HUF 4 billion, is to support the greening of Székesfehérvár by partially replacing fossil fuel-based heat generation. E.ON is installing industrial […]
Hungary's Continest, which makes foldable containers that can be used as temporary accommodations, offices, first aid stations and for other purposes, inaugurated a HUF 50 million painting facility at its base in Székesfehérvár, southwest of Budapest, on Tuesday. Continest is supplying containers for Sweden's civil defense forces, NATO as well as the 2026 Winter Olympic […]
Danish pump manufacturer giant Grundfos successfully complemented its latest research and development (R&D) project in Hungary, aimed at improving the efficiency of entire product families, the Hungarian Investment Promotion Agency (HIPA) reports. Implemented with the support of HIPA, the EUR 3.47 million investment created 40 new high value-added jobs at the company’s product development center […]
American industrial automation giant Emerson is expanding its operations in Hungary through new smart investments that create high value-added jobs, while also joining the Government’s community of strategic cooperation partners. Emerson is set to invest EUR 6.2 million and create over fifty new jobs in two projects with the support of the Hungarian Investment Promotion […]
Trimetrik Ltd., a manufacturer of injection-moulded plastic parts for railway and road vehicles, has built its central production plant in Székesfehérvár with a budget of more than HUF 2 billion, the Székesfehérvár municipality told MTI. The more than 6,000-square-meter plant was built in the Alba Industrial Zone thanks to the Hungarian Multi Program with the […]
Leading Korean automotive thermal solution supplier Hanon Systems invests EUR 117 million to develop three of its sites in Hungary in Székesfehérvár, Pécs and Rétság. The projects promises to create 250 new jobs, whilst a large scale training program is also in the pipeline. Hanon Systems is one the only two full-line automotive thermal solution […]
The Japanese company Denso has launched the production of inverters in Székesfehérvár, southwest of Budapest, where the EUR 30 million (HUF 11.5 billion) investment will be used to manufacture one of the most important units for electric cars. Jiro Ebihara, former president of Denso Manufacturing Hungary Ltd., said in a video message during the press […]
Denso Manufacturing Hungary Ltd. installs three new production lines at its Székesfehérvár site and launches a large-scale reskilling program to adapt to electrification. The investment scheduled to be completed by April 2024 is worth EUR 64.4 million (over 14% of which is covered by Hungarian taxpayers through state subsidy) with up to 55 new jobs […]
DENSO Gyártó Magyarország Ltd., the Hungarian subsidiary of DENSO Japan, which has been operating in the city for 25 years, has donated a four-seasonal themed garden to the city. The newly inaugurated Japanese garden is located on the island of Csónakázó Lake in Székesfehérvár. The company, founded in 1997, wanted to create a lasting memorial […]
Hydro Extrusion Hungary Ltd. is continuing its automotive investments in Hungary and is increasing the extrusion capacity of its Székesfehérvár plant, SW of Budapest, with a EUR 35.7 million (HUF 14.6 billion) development, the company informed the state news agency MTI on Thursday. The company said the development will ensure the company's future growth potential […]
