Flex builds a 90 mln EUR plant in Hungary

Flex has laid the cornerstone for a new warehouse in Zalaegerszeg, in western Hungary. This investment marks another milestone in its €90 million project in the country. The development includes both a manufacturing plant and a warehouse. The factory will produce components for electric and hybrid vehicles and is expected to create around 210 new jobs, including about 20 in R&D. The new facility will supply components to OEMs such as BMW, Ford, and Volkswagen, as well as to Tier 1 suppliers. Operating in 30 countries with over 100 sites, Flex provides design and manufacturing services across multiple industries, including automotive, industrial, and consumer goods. According to the Hungarian Investment Promotion Agency, Flex primarily collaborates with local Hungarian suppliers, thereby boosting the competitiveness of the local supply chain and the broader regional economy. Flex also maintains long-term cooperation with academic institutions, including the University of Pannonia and the Budapest University of Technology and Economics, notably through dual education programs