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Continental to Launch Massive R&D Investments to Stay Ahead in the AI Race

Not less than three new large-scale R&D projects have been announced by Continental to further strengthen its Hungarian operation. The investments worth EUR 47.6 million will create 280 new jobs in total thru 2024, and they are aimed at developing solutions in t...

2023. 10. 26.

Automotive #Automotive #Continental #EUR 47.6 million #NEW Jobs 280 #Budapest, Veszprém #R&D
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Hungary Continues To Rely On US Investors To Attract More High-Added Value Projects

The Hungarian economy needs more higher added value investments, and American companies, as they form the third-largest investor community in Hungary, can and do help make this happen to a large extent. That was the main conclusion of this year’s Business Meets ...

2023. 10. 20.

HIPA #HIPA #HIPA #Amcham #Investment #High added-value
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More Transparency Benefits Battery Investors and the Public Alike

OEMs that are present on the Hungarian market plan to implement their electrification strategy here, and they need strong partners to achieve that objective. This economic necessity is one of the driving forces of the dynamically growing local EV ecosystem that ...

2023. 10. 17.

Battery #Battery #Battery #HIPA #Investment #Transparency
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Capacity Extension of Leading French Ultrafiltration Membrane Manufacturer’s Plant Enters Phase 2

By investing nearly EUR 30 million the French Veolia Group is further strengthening its Hungarian presence. Phase 2 of the development marks the installation of new manufacturing technology of the company’s ultrafiltration membrane plant which was now celebrated...

2023. 10. 16.

HIPA #HIPA #Veolia #EUR 30 million #Oroszlány #Capacity expansion #Ultrafiltration membrane
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Nestlé’s Latest Investment Added Substantial Capacities To Pet Food Plant

Nestlé Hungária Kft.’s capacity extension investment worth HUF 90 billion was celebrated in Bük which marked the latest development of the Swiss company’s Hungarian operation. The project will create 280 new jobs.

2023. 10. 05.

Food Industry #Food Industry #Nestlé #HUF 90 billion #NEW Jobs 280 #Bük #Pet food
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Stay Tuned for the Third Edition of the Hungarian Battery Day Coming up on 10/26

This year the most important annual meeting of local and regional battery industry stakeholders, the III. Hungarian Battery Day conference will take place on 26 October in Budapest, organised jointly by White Paper Consulting and the Hungarian Battery Association.

2023. 10. 05.

Battery #Battery #HIPA #Batteries #E-mobility #Budapest #Business forum
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New EUR 41.5 million Granulation Facility Inaugurated In Eger

Swiss-owned Omya Hungaria Kft. celebrated the inauguration of its brand new agricultural granulation plant in Eger thanks to a EUR 41.5 million investment. The most advanced plant in the company’s network is set to supply farmers in Hungary and surrounding count...

2023. 10. 03.

HIPA #HIPA #Omya #EUR 41.5 million #Eger #Granulating plant #Competitiveness
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Swiss Krono Continues To Reinvest In Hungary By Setting Up New Plywood Plant

Swiss Krono, a leading supplier of wood-based materials has announced to build a plywood plant in Vásárosnamény for EUR 23.7 million with the aim to produce a new item of the Group’s product portfolio. The project will create 90 jobs.

2023. 10. 03.

HIPA #HIPA #SWISS KRONO #EUR 23.7 million #Vásárosnamény #Plywood #NEW Jobs 90
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Austrian Electronics Supplier To Strengthen Market Position By Investing In Győr Site

Melecs GmbH celebrated its latest development at its site in Győr by inaugurating a new production hall. The investment worth EUR 12 million includes not only the extension of the production area and capacities but also the making of new products and production-...

2023. 10. 02.

Electronics #Electronics #Melecs #EUR 12 million #120 NEW Jobs #Győr #Electronics