BYD establishes European HQ and R&D hub in Hungary
May 21, 2025
Chinese electric vehicle giant BYD plans to establish its European headquarters and R&D base in Hungary, marking a major expansion of its footprint on the continent.
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TDK opens its new plant in Szombathely, Hungary
June 04, 2024
Japanese electronic component company TDK has officially opened its EUR 70 million factory expansion in Hungary.
Flex invests €90 million and creates 210 new jobs in Hungary
May 30, 2024
EMS provider Flex, who has a history spanning over three decades in Hungary, is investing at its two sites in Zalaegerszeg.
Wasion expands to Hungary, deepening its presence in Europe
November 21, 2023
Wasion, a Chinese supplier of smart measuring, smart power distribution & utilisation and energy-saving management solutions, is investing EUR 10.5 million to set up a new production site in Hungary.
Austrian EMS provider expands in Hungary
October 03, 2023
Austrian EMS provider Melecs has inaugurated a new production hall at its site in Győr, Hungary. With an investment of EUR 12 million the company is creating 120 new jobs in the region.
Bosch to increase its presence in Hungary with new investments
September 12, 2023
Robert Bosch Energy and Body Systems Kft., will implement two investments worth a total of EUR 48 million at its site in Miskolc, in northern Hungaryby mid-2025.
Samsung SDI to boost its Eropean R&D
September 11, 2023
The battery maker Samsung SDI is expanding its Hungarian R&D activities in Göd with an expenditure of around EUR 61.9 million.
GKN makes large investment in Hungary
September 11, 2023
The British company is investing 142.7 million to expand production in Felsőzsolca in northern Hungary. The automotive supplier is looking to serve Tier-1 companies with the newly created capacity.
Yet another battery manufacturer chooses Hungary
August 14, 2023
The Hungarian EV ecosystem continues to grow, this time Sunwoda will make an initial investment of EUR 245 million as the Chinese firm looks to set up shop in Nyíregyháza.
Schneider Electric breaks ground on its fifth plant in Hungary
March 21, 2023
Schneider Electric has broken ground on its latest EUR 40 million investment in Dunavecse, Hungary.
thyssenkrupp’s Hungarian investment will create 110 new jobs
September 20, 2022
The German company has just held the topping-out ceremony at its site in Jászfényszaru, some 50 kilometers east of Budapest, which means that thyssenkrupp Components Technology Hungary Kft.’s EUR 42 million investment has taken a major step forward.
South-Korean battery supplier Nice to build plant in Hungary
July 19, 2022
Nice LMS Hungary Kft is reportedly setting up a production plant in Vác, adding 60 jobs to its Hungarian workforce.
Construction starts at BMW’s new Hungarian plant
June 07, 2022
Construction has officially started at BMW Group’s new plant in Debrecen, Hungary, as the foundation stone is laid.
Rosenberger invest further in Hungarian operations
April 05, 2022
Germany's Rosenberger Group is set to expand the manufacturing capacity of automotive electronics and data transfer connectors at its Hungarian subsidiaries. The company is investing EUR 44 million in the expansion project.
Austrian automotive supplier expands in Hungary
March 09, 2022
Austrian powertrain system developer, AVL, is expanding in Hungary. The company has broken ground on a New Vehicle Test Hall in the city of Érd, just outside of Budapest.
Construction of BMW's plant in Debrecen enters next phase
February 24, 2022
As basic infrastructure such as public utilities, roads and parking lots have been completed, it's time for to enter the next phase of the project and erect the buildings that will make up BMW Group plant in Debrecen, Hungary.
Semcorp opens production in Hungary
September 14, 2021
Construction of the Semcorp Group's first production unit outside China has begun; the company is building a facility that will produce lithium-ion battery separator films (LiBSF) in Debrecen (Hungary).
Knapp invests millions in new Hungarian site
August 02, 2021
Knapp, an Austrian manufacturer of warehouse logistics equipment, is opening a new site in Nemesvámos, Hungary.
Siemens Mobility to triple R&D headcount in Hungary
April 08, 2021
Siemens Mobility is set to create 120 new R&D related jobs at its Budapest, Hungary location as the company moves moves forward in its efforts to "digitalise track-based transport modes".
German automation specialist to invest €5.8 million in Hungary
February 11, 2021
Balluff-Elektronika Kft. specialising in the production of electronic components is to launch a new research and development project, targeting the major regeneration of sensors and network devices for industrial automation.
SK Innovation to build third Hungarian battery plant
February 01, 2021
The South Korean company has decided to invest USD 2.29 billion in a third European battery plant, continuing to build upon its Hungarian network.
Thyssenkrupp invests in new Hungarian engineering centre
January 22, 2021
The German conglomerate is launching another electromobility-related development project in Veszprém, Hungary where the company will establish an engineering service centre with an investment of more than EUR 6 million.
GE Healthcare invests to start R&D development in Hungary
January 20, 2021
The company is investing HUF 3.3 billion (EUR 9.24 million) to expand their healthcare development centres in Szeged and Budapest.
Another investment related to battery production in Hungary
December 15, 2020
Iljin Materials, a South Korean manufacturer of elecfoil, will establish its first European production unit in Hungary, where copper thin foil will be produced for batteries of electric cars.
440 new jobs to be created as Semcorp opens Hungarian plant
November 11, 2020
As Semcorp Group's first production unit outside of China, the lithium-ion battery separator film plant – which will be set up in the Debrecen South Industrial Park – represents an investment of more than EUR 183 million.
Sensor manufacturer to create 266 new jobs in expansion
November 03, 2020
Germany-based SICK, is planning to expand its operations in Hungary with an additional production hall and warehouse, creating 266 new jobs in the process.
Doosan to more than double production of copper thin foil in Hungary
November 02, 2020
The company broke ground on its first facility in the country just last year and has now decided to build a second European plant – also in Hungary.
Lenovo to set up new in-house manufacturing plant in Hungary
September 30, 2020
The Hong Kong-based technology company is planning to open a new in-house manufacturing facility in Hungary in during the Spring of next year.
Dongwha to establish two units in Hungary
September 07, 2020
The South Korean company is making its moves to be a part of the European electric vehicle eco-system by establishing two units in Sóskút, just southwest of Budapest; one for producing electrolyte and another to recycle the solvent NMP, a compound used heavily in lithium ion battery fabrication.
Nilfisk expands with new innovation hub in Hungary
August 27, 2020
Nilfisk, a Danish manufacturer of professional cleaning equipment, has been present in Hungary for more than 20 years with assembly facilities in Szigetszentmiklós and Nagykanizsa. Now, it’s time to expand its footprint.
Arm expands R&D centre in Budapest
July 23, 2020
The chip company will be growing its staff of developers by more than 50% at its R&D centre in Budapest, Hungary.
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