An automotive company creates nearly two hundred jobs in Hungary
Schedl's 40 billion forints investment will create 160 new jobs in Debrecen and Kecskemét.
2024.03.23 09:30
With a new investment, the future of the Opel factory in Szentgotthárd becomes secure
The Stellantis Group, one of the world's largest car manufacturing concerns, places the key element of its electromobility strategy in Hungary.
2024.02.12 17:12
Both Hanon and ZF create hundreds of jobs in Hungary
Major investments were announced by automotive suppliers on December 15.
2023.12.15 17:00
Hankook Tire is expanding its operations in Hungary
Hankook Tire will create 450 new jobs in Rácalmás.
2023.11.24 15:00
New industrial park makes Kemecse ideal location for the automotive industry
There are already companies interested in the recently handed over industrial park.
2023.05.19 16:23
Magna is building plant in Vecsés
Canadian car parts supplier Magna is building plant in Vecsés, with an investment worth approximately 19 billion HUF.
2023.05.12 11:40
Hungary and Romania to jointly develop the automotive industry
The aim of the cooperation is to enhance the cross-border automotive supply chains.
2023.05.12 07:21
Hechinger Kft. expands in Tiszakécske with new workshop
German-owned Hechinger Kft. has inaugurated a new workshop in Tiszakécske.
2022.12.10 17:01
E-mobility investment by Chokwang Paint inaugurated in Heves County
The inauguration ceremony of Chokwang Paint’s new factory in Heves County, where the company will manufacture heat sink glue for EV batteries, was held on November 17th.
2022.11.19 11:31
Foundation stone laid for BMW plant in Debrecen
The construction of BMW’s new plant in Debrecen is a token of 12 years of successful Hungarian economic policy. The more than €1 billion investment will create over 1,000 local jobs.
2022.06.05 12:58
Year’s largest automotive investment inaugurated in Nyergesújfalu
Toray Industries Hungary Kft. has inaugurated the year’s largest automotive investment in Hungary, a manufacturing plant of battery separators for electric cars, built with a HUF 127 billion project.
2022.04.03 12:13
300 automotive jobs to be created in Kaposvár with new investment by Sisecam
Two investments at a combined value of HUF 120 billion are launching in Kaposvár, which together will create 600 new jobs in the region.
2022.03.20 11:40
Chinese Baolong Group announces HUF 5 bln greenfield investment in Hungary
The Baolong Group, one of China’s largest automotive suppliers, has announced to carry out a greenfield investment in Szigetszentmiklós with a total value of HUF 5 billion.
2022.02.20 16:30
Novation Tech investing HUF billions in Békés site
Italy-based manufacturer of composite automotive parts Novation Tech has announced a HUF 1.3 billion investment in Hungary, which will be supported with a HUF 450 million government subsidy, aiding the creation of at least 50 jobs at the company.
2022.02.13 12:01
Gémtech concludes HUF 2bln investment project
Gémtech Kft.’s new production hall in Napkor was inaugurated in the presence of Péter Szijjártó, Hungary’s Minister of Foreign Affairs and Trade.
2022.01.23 16:35
Hydro builds new aluminium casting plant in Székesfehérvár
Hydro Extrusion Hungary Kft. will build a new aluminium casting plant in Székesfehérvár with a HUF 32 billion investment, to be supported with a HUF 2.6 billion non-refundable government subsidy.
2021.12.19 18:48
South Korean EcoPro BM to build cathode factory in Debrecen
Cathode manufacturer EcoPro BM will build its first plant outside South Korea in Debrecen, Hungary.
2021.12.12 17:56
SEG Automotive inaugurates new Hungarian manufacturing unit
SEG Automotive has successfully completed its relocation to a new manufacturing site in Szirmabesenyő after installing the last batch of production equipment.
2021.11.21 11:53
Hungarian automotive industry: week 24 2021
Audi's Győr plant halts production due to parts shortage, SK Innovation reveal plans of further expansion in Hungary, DMG Mori and Heitec announce joint R&D project in Hungay. Let’s recap what last week brought in Hungary’s automotive sector.
2021.06.20 15:43
DMG Mori and Heitec to establish joint research centre in Budapest
This year, the Hungarian government is allocating a record amount of subsidies, a total of HUF 182 billion, to research, development and innovation projects.
2021.06.20 13:09
SK Innovation to soon launch construction of production site in Iváncsa
In Komárom, SK Innovation have built a giant production site with a €1.3 million investment, with the second unit at the site is nearing completion, which will allow serial production volumes for electric batteries to nearly double.
2021.06.20 13:01
Continental plan massive investment to expand Hungary-based R&D facilities
Continental Automotive Hungary Kft. have announced to expand their R&D facilities in Hungary. The tech giant’s HUF 4.2 billion investment will be supported with a HUF 1 billion non-refundable government subsidy.
2021.06.13 12:54
Hungarian automotive industry: week 21 2021
Spanish automotive companies announce investment projects in Hungary, workers at Nemak Győr form strike committee, Hungarian Bosch companies report on successful 2020 despite challenges due to the pandemic. Let’s recap what last week brought in Hungary’s automotive sector. Clicking on the highlighted items will open the full stories.
2021.05.30 23:46
Spanish automotive companies announce combined investment of HUF 5bln in Hungarian units
Two Spanish automotive companies, Gestamp and Ames, are set to expand their Hungary-based capacities with a combined investment of HUF 5 billion, Péter Szijjártó, minister of foreign affairs and trade, announced earlier this week in Madrid.
2021.05.30 21:26
Gov’t-supported investments by three Hungarian automotive suppliers announced
Three Hungarian-owned companies, electronic components manufacturer Ajkai Elektronikai Zrt., rubber manufacturer Tauril Gumigyártó és Kereskedelmi Kft. and tooling and metalworker Titán'94 Szerszámkészítő és Forgácsoló Kft., will carry out investments at a total value of HUF 1.2 billion.
2021.02.14 18:12
