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Thyssenkrupp’s E-motor Component Plant Extended For EUR 58 Million

German-owned thyssenkrupp’s story in Hungary has reached another key milestone: the topping out ceremony of its capacity expansion marks the latest stage of the company’s journey on Hungarian soil. The EUR 58 million investment that enables thyssenkrupp to produ...

2023. 10. 02.

Automotive #Automotive #thyssenkrupp #EUR 58 million #NEW Jobs 110 #Jászfényszaru #Rotating shafts
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Premium Automotive Supplier To Set Up New Production Site in Miskolc

German-owned Meleghy Automotive implements a EUR 22.9 million investment in Miskolc with the aim of establishing production capacities in Hungary. The project of the premium automotive supplier will create 55 new jobs.

2023. 09. 28.

Automotive #Automotive #Meleghy Automotive #EUR 22.9 million #NEW Jobs 55 #Miskolc #body solutions
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LEGO To Implement Large-scale Packaging and Storage Capacity Expansion

A EUR 138 million investment by Danish toy maker LEGO is set to bring about yet another round of development at the Nyíregyháza site of the company. Given that packaging and storage capacities will be ramped up significantly, up to 300 new jobs will be created i...

2023. 09. 28.

HIPA #HIPA #LEGO #EUR 138 million #NEW Jobs 300 #Nyíregyháza #Capacity expansion
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Chinese Manufacturer’s Aluminum Beverage Can Plant Breaks Ground In Makó

Benepack Hungary Kft., a subsidiary of Chinese packaging company CPMC, sets up a large-scale aluminum beverage can plant in Makó, located in Csongrád-Csanád county, for an investment of EUR 65 million. Production is scheduled to launch by the fall of 2024 at the...

2023. 09. 26.

Food Industry #Food Industry #CPMC #Benepack Hungary #EUR 65 million #120 NEW Jobs #Beverage can
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Central Europe’s Most Modern Feed Mill Is Up And Running

Leading Hungarian feed producer Vitafort has opened its new feed mill in Dabas, located in Pest county, Hungary, by investing around HUF 6 billion. The project, which is set to enhance efficiency to a large extent, and will enable the company to serve growing ex...

2023. 09. 26.

Food Industry #Food Industry #Vitafort #EUR 19 million #Dabas #Feed mill #Capacity expansion
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Europe’s Come-From-Behind Campaign in the Global Battery Race

Our continent overslept the EV revolution in terms of ramping up sufficient battery capacities. Careful planning and joint effort can help in the catch-up campaign against Asian stakeholders that had a head start early on. Excerpts from the panel discussion “Eur...

2023. 09. 14.

Battery #Battery #Battery #e-mobility #Capacity expansion #Competitiveness
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Inside IAA Mobility 2023

The 2023 edition of IAA Mobility, the world’s largest mobility event in Munich was as grandiose as expected, and legacy brands and newcomers alike made it clear where the industry is headed: whilst cars are turning into our living room, everything revolves aroun...

2023. 09. 14.

Automotive #Automotive #BMW Group #HIPA #LG Magna e-Powertrain #E-mobility #summit
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Stadler Boosts Its Rail Car Body Manufacturing Capacity Significantly

Switzerland-based Stadler Group announced to expand its rail car body manufacturing capacity with an investment of EUR 45.2 million in Szolnok. The project is set to create 173 new jobs.

2023. 09. 12.

Automotive #Automotive #Stadler #EUR 45.2 million #NEW Jobs 173 #Szolnok #Capacity expansion
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Audi Takes Crucial Step To Maintain Competitiveness

Audi Hungaria Ahead Kft. is launching a broad-based knowledge enhancement training project that will enable around 500 employees to expand their competences in various fields over the next two years. The program will cost EUR 4 million.

2023. 09. 12.

Automotive #Automotive #Audi Ahead #EUR 4 million #Competences #Competitiveness