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September 11, 2025
The Government of Hungary has signed a strategic cooperation agreement with Flex, which announced a new EUR 4.68 million R&D project at its plant in Zalaegerszeg. The investment will focus on vehicle electronics and is expected to create 10 high value-added jobs.

Hungary_flag_lmaresz

May 30, 2025
Hungary received 31% of all Chinese FDI targeting EU and UK in 2024. Investment in EV manufacturing played a central role, with Hungary alone receiving 62% of all Chinese EV-related FDI, up from 57% the previous year.

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Wegry-2025

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.

June 04, 2024
Japanese electronic component company TDK has officially opened its EUR 70 million factory expansion in Hungary.

Flex-investment-2024

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

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.

Melecs-inaguration-gyoor

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.

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.

automotive-battery

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-sign-on-building

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.

battery-levels-set

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-groundbreaking-Hungary-2023

March 21, 2023
Schneider Electric has broken ground on its latest EUR 40 million investment in Dunavecse, Hungary.

thyssenkrupp-2022

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.

Nice-LMS-Hungary-Vac-Render

July 19, 2022
Nice LMS Hungary Kft is reportedly setting up a production plant in Vác, adding 60 jobs to its Hungarian workforce.

bmw-group-plant-debrecen-foundation-stone

June 07, 2022
Construction has officially started at BMW Group’s new plant in Debrecen, Hungary, as the foundation stone is laid.

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.

HQ-Garz

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.

BMW-groundbreaking-DEBRECEN

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-map-hungary_copy

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).

business-expansion-plan

August 02, 2021
Knapp, an Austrian manufacturer of warehouse logistics equipment, is opening a new site in Nemesvámos, Hungary.

hiring-of-people-l

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".

business-expansion-plan

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.

first-Komarom-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.

credit-card1

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.

hiring-of-people-l

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.

architect-drawings

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.

Semcorp-map-hungary_copy

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.

production

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.

Hungary-investment-2019

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-announcement-Ullo-manufacturing

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.

laboratory-flasks

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-sign

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.

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