Hungarian Investment Promotion Agency

Due to the biggest greenfield investment ever in Hungary, Mercedes-Benz is building its second plant worth EUR 1 billion, that is, more than HUF 310 billion in Kecskemét. The new plant is going to manufacture models of various vehicle architecture and drivetra...

2018. 06. 05.

The jubilee was made remarkable with the inauguration of a new development: a new production line has been installed for the manufacturing of energy recovery systems and performance electrical circuits relying on a brand new surface mould technology. The Ameri...

2018. 05. 31.

Automotive electronics manufacturer, Flex develops again its capacities in Hungary. As a result of the more than EUR 10 million investment in Zalaegerszeg, new Surface Mould Technology production lines will be installed, on which communications modules for mot...

2018. 04. 06.

Global carbon fiber manufacturer, belonging to the Japanese Toray Industries, starts an important development in its Nyergesújfalu plant. The only European location of Zoltek will be expanded by an EUR 106 million investment that results in a 50% capacity expa...

2018. 04. 05.

The Hungarian family business that has grown into a reputed and recognized supplier at European level for the automotive industry further develops its facilities. The EUR 18.5 million capacity expanding investment of Csaba Metál Zrt. generating 165 new jobs wi...

2018. 03. 29.

The US-based Modine, a manufacturer of coolers for the automotive industry, which is present in four continents, has chosen Hungary as the location for its recent capacity expansion. The plant operating in Mezőkövesd since 1991 has been the most successful Eur...

2018. 03. 27.

The South Korean premium tire manufacturer has announced the expansion of their plant in Rácalmás by a new truck tire production unit. The expansion, which amounts to EUR 290 million will be the fourth development in the history of the European factory opened ...

2018. 03. 23.

The new owner of Opel, the French PSA Group decided to implement a strategic development on the Szentgotthárd plant, thus increasing the current production capacity with 350,000 engines produced annually from 2020. The decision is the first step in the process...

2018. 03. 21.

As a result of the introduction of a new surface finishing technology, Erbslöh will acquire a considerable competitive advantage. With its recent investment, the German automotive supplier will quadruplicate its revenue and double the number of its workers in ...

2018. 03. 14.