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On the 15th anniversary of Stadler’s Szolnok facility, the first aluminum double-decker car body produced in Jász-Nagykun-Szolnok County was unveiled. This milestone was achieved as part of an EUR 45.2 million investment launched in 2023, enabling the Szolnok plant to become the largest car body manufacturing hub for both the company and the region.
2025. 01. 17.
Automotive #AutomotiveFeintool, a Swiss-owned leader in precision electrical steel and formed steel components manufacturing, is investing EUR 34.1 million to expand its Tokod facility in Hungary’s Esztergom district. The project will add 6,740 square meters to the existing plant, with the new production unit is scheduled to start production by late 2025.
2024. 12. 17.
Automotive #AutomotiveChinese electric car manufacturer BYD first Hungarian Suppliers' Forum in Budapest attracted more than hundred domestic companies. At the two-day event, organised by HIPA Hungarian Investment Promotion Agency, Minister of Foreign Affairs and Trade Péter Szijjártó stressed that BYD's appearance marks a new chapter in the history of the automotive industry in Hungary, as Chinese partners will now pr...
2024. 10. 16.
Automotive #AutomotiveSMR Automotive Mirror Technology Hungary Bt., a Motherson Group company, has announced to implement a EUR 33.3 million investment in Hungary. The Indian automotive supplier’s development aims to expand production and logistics capacities and install automation a...
2024. 06. 06.
Automotive #AutomotiveFlex, with over three decades in the Hungarian market, is investing at two sites in Zalaegerszeg. The American-Singaporean company will begin manufacturing high-tech electric and hybrid vehicle components for global OEMs such as BMW, Ford, and Volkswagen, as wel...
2024. 05. 29.
Automotive #AutomotiveThanks to the developments of recent years, the annual production output of the domestic automotive industry could increase from the current five hundred thousand to over a million units – a capacity that only five countries in Europe are currently capable of de...
2024. 05. 17.
Automotive #AutomotiveGerman-owned evosoft Hungary Kft. invests EUR 8.4 million to implement a large-scale research and development project aimed at improving the company’s newest generation of propulsion product family. The investment will create 75 new jobs.
2024. 05. 06.
Automotive #AutomotiveFrench-owned Alstom has announced to add major manufacturing capacities at its site in Mátranovák where railway bogie frames are made. The HUF 6 billion investment creates almost 150 new jobs.
2024. 04. 11.
Automotive #AutomotiveGerman-owned Schedl Hungária Kft., a company specializing in the assembly and in-sequence delivery of complete wheels, invests EUR 101.1 million to open new production facilities in Debrecen and Kecskemét. The greenfield investment will create 160 jobs, and as a...
2024. 03. 22.
Automotive #Automotive