vecses - Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Fri, 07 Nov 2025 16:28:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png vecses - Diplomacy & Trade https://dteurope.com 32 32 Magna Launches Production at its Vecsés Plant https://dteurope.com/business/magna-launches-production-at-its-vecses-plant/ Fri, 07 Nov 2025 15:36:00 +0000 https://dteurope.com/?p=76235 Magna Body & Chassis Ltd., the Hungarian subsidiary of Magna International Inc. — a leading global player in mobility technologies — officially launched production at its new, state-of-the-art facility in Vecsés on November 7, 2025. The plant will initially create 240 new jobs, later increasing that number to 300 and boost the local economic activity, […]

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]]> Vecsés 3 Well: Another Success for MOL https://dteurope.com/news/vecses-3-well-another-success-for-mol/ Wed, 06 Nov 2024 10:16:00 +0000 https://dteurope.com/?p=72027 MOL Plc. has notified the capital markets on the website of the Budapest Stock Exchange that third Vecsés oil well (just outside Budapest), adds another 600 barrels of oil a day to MOL's Hungarian production. In the Vecsés oil field, discovered two years ago, there are three wells already operating. They produce about 4,000 barrels […]

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]]> Weerts Inaugurates Sustainable Industrial Investment https://dteurope.com/logistics/weerts-inaugurates-sustainable-industrial-investment/ Thu, 31 Oct 2024 14:58:00 +0000 https://dteurope.com/?p=71659 Weerts Logistics Park (WLP), a Belgian-Hungarian owned company, has officially inaugurated its newest environmentally sustainable smart warehouse of nearly 40,000 sqm recently in Vecsés, just south of Budapest for Magna International Inc (Magna), one of the world's largest suppliers of automotive parts. A statement by Weerts says the project, one of Hungary's largest industrial investments, […]

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]]> Canadian Auto Parts Supplier Investment in Hungary https://dteurope.com/business/canadian-auto-parts-supplier-investment-in-hungary/ Thu, 11 May 2023 12:16:00 +0000 https://dteurope.com/?p=64215 Up to EUR 50 million will be invested by Magna Metalforming GmbH to set up a new plant in Vecsés, southeast of Budapest, with the aim to produce structural bodywork items. The investment, which enjoys a 20% state support, is set to create 300 new jobs. Canada-based Magna International Inc. is a listed corporation that […]

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]]> Mol Finds Crude Oil in Vecsés https://dteurope.com/business/mol-finds-crude-oil-in-vecses/ Tue, 22 Nov 2022 08:06:00 +0000 https://dteurope.com/?p=58279 The Hungarian oil and gas company MOL has discovered a significant amount of oil at a depth of 2,100 meters near Vecsés, just south of Budapest. MOL started exploratory drilling in the area in July, and after carrying out the necessary tests, it proved that it had discovered a previously unknown oil field, the company […]

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]]> Bosch Sets Up Business Service Center in Hungary https://dteurope.com/business/bosch-sets-up-business-service-center-in-hungary/ Tue, 13 Apr 2021 09:04:00 +0000 https://dteurope.com/?p=34062 Bosch will establish its service center in Vecsés, just outside of Budapest, from where HR support will be provided for five East Central European countries as a first step. The investment will create 225 new jobs in the town and will be implemented by a spending of almost EUR 19 million, over a third of […]

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