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Hanon Systems Multiple Investments in Hungary

Dec 15, 2023

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 […]

Denso Starts Inverter Production in Székesfehérvár

Nov 10, 2023

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 Capacity Expansion in Székesfehérvár

Jun 12, 2023

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 […]

Japanese Garden Inaugurated in Székesfehérvár

Jun 8, 2023

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 Develops Capacity of its Székesfehérvár Plant

Dec 15, 2022

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 […]

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