Alstom is increasing its presence in the region with a large-scale investment
Leading metro car supplier expands its regional footprint.
2024.04.12 18:00
Hechinger Kft. expands in Tiszakécske with new workshop
German-owned Hechinger Kft. has inaugurated a new workshop in Tiszakécske.
2022.12.10 17:01
Audi Hungaria Tool Shop celebrates conclusion of major expansion project
Earlier in the week, Audi Hungaria Tool Shop celebrated the completion of a major investment project, which has expanded the unit's floor area to 58,300 square metres.
2022.10.02 12:53
Car restoration specialist Motor-Classic upgrades equipment park
Motor-Classic Zrt., a Tatabánya-based company specializing in the restoration of classic vehicles and the manufacturing of precision metal parts, has opened a new production hall and installed a modern machining centre with a HUF 1.5 billion investment.
2022.09.25 16:31
AutoWallis targets online trade and Austrian market with new acquisitions
AutoWallis group is targeting the online marketplace and Western Europe through acquiring the operator of car trading websites JóAutók.hu and Autó-Licit.hu and entering the Austrian market by becoming the wholesale distributor of SsangYong.
2022.09.25 16:25
AutoWallis continues Slovenian expansion
AutoWallis is continuing it expansion in Slovenia, and has opened the country’s first Land Rover dealership, Hungary-based car trader and rental firm AutoWallis announced earlier this week.
2022.05.29 14:16
Nyíregyháza Industrial Park expands with government support
With the help of government support, Nyíregyháza is spending a total of HUF 43 billion on the expansion of the town’s industrial park and electrical infrastructure.
2022.05.15 12:40
Schneider Electric to expand Hungarian supplier base
Schneider Electric has announced to make significant efforts to expand its circle of suppliers in Hungary and the entire Eastern European region, creating tens of millions of business opportunities for local SMEs.
2022.02.13 11:51
Trans-Sped amidst international expansion
Trans-Sped Kft. has integrated the warehousing and forwarding activities of Euro-Log Kft. into its own operation, expanding its international reach with Turkey, Scandinavia and Hamburg, Trans-Sped Kft. announced earlier this week on the website of the Budapest Stock Exchange.
2022.01.30 15:59
Hankook expands Hungarian plant with new storage unit
Automotive tyre manufacturer Hankook Tire has started the construction of new warehouse facilities for the storage of raw materials and finished products with a €32 million investment project.
2021.11.21 11:56
Audi Hungaria to expand tool shop at Győr plant
Péter Szijjártó, Hungary’s minister of foreign affairs and trade, and Alfons Dintner, chairman of the Audi Hungaria board of directors, made a joint announcement at the Ministry of Foreign Affairs and Trade earlier this week about the expansion of the Győr-based factory’s tool shop.
2021.05.09 21:14
Hungarian automotive industry: week 9 2021
Continental settle dispute with unions by temporarily restoring collective agreement. Vitesco Technologies launch production at new plant in Debrecen, other automotive suppliers announce major investment projects. Let’s recap what last week brought in Hungary’s automotive sector.
2021.03.07 21:57
Mahle announce expansion project in Balassagyarmat
Three major Germany-based international suppliers have decided to carry out investments in Hungary; Mahle, Villeroy & Boch and Beuer will receive subsidies from the Hungarian government for their capacity expansion projects.
2021.01.24 13:14
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