Hungarian Investment Promotion Agency

The new production hall of the FAG plant belonging to the Schaeffler AG was constructed in Debrecen. The 22,000 square meter building, which was built in the framework of an EUR 80 million investment will feature new equipment, including machinery with state-o...

2019. 01. 16.

The 200 millionth product, the engine of the Bosch iBooster's braking assistance system was presented at the Energy and Body Systems plant of Robert Bosch. The unit of the German company in Miskolc reached this production volume in one and a half decades, and ...

2019. 01. 11.

Constructing its third site in Hungary, Linamar is going to establish its European electromobility centre in Békéscsaba. The Canada-based automotive company is orienting towards electro-mobility by producing its own-developed electric drivetrains. Due to a com...

2018. 12. 12.

Hanon Systems is engaging in comprehensive development in Hungary. In the value exceeding EUR 117 million the leading South-Korean automotive supplier is extending its current capacities in Székesfehérvár, moreover, it is establishing new plants in Rétság and ...

2018. 11. 29.

The world's leading independent development company in the automotive industry, the Austrian AVL, establishes its new Hungarian headquarters and test base in Érd. In the new complex, to be implemented in the framework of a greenfield development on 5.7 hectare...

2018. 11. 20.

Jaguar Land Rover opens its new technical engineering office in Budapest to support the company's European supply chain management. The 100 new jobs will complement corporate, R&D, engineering and manufacturing functions headquartered in the UK. JLR chose ...

2018. 11. 02.

In 2018, Automotive Hungary exhibition boasted with more exhibitors and visitors than ever. This exhibition also grew into a significant regional event in recent years. The three-day event provided an opportunity for the introduction of the most important loca...

2018. 10. 18.

Péter Szijjártó, Minister of Foreign Affairs and Trade of Hungary, Dr. László Papp, Mayor of Debrecen and Oliver Zipse, Member of the Board of Management of BMW AG, Production signed the land purchasing and incentives contracts in connection with the investmen...

2018. 10. 12.

The Central & Eastern European Automotive Forum was organised for the 5th time by Adam Smith Conferences on 9‒10 October in Prague. The representatives of OEMs, suppliers, investment agencies, sectoral advisory companies and service providers reconsidered ...

2018. 10. 10.