News
As a result of a EUR 15 million greenfield investment, PEX Automotive Systems Kft. and Baolong Holdings Europe Kft. set up a new production site in Szigetszentmiklós that has now been officially inaugurated. Apart from manufacturing the traditional products of t...
2023. 09. 11.
Automotive #AutomotiveRobert Bosch Energy and Body Systems Kft., which is 20 years old this year, will implement two investments worth a total of EUR 48 million at its Miskolc site by mid-2025. The company will spend EUR 12 million to further expand the development and testing of ele...
2023. 09. 11.
Automotive #AutomotiveThe British company GKN has invested EUR 142.7 million in a new site in Felsőzsolca which development will create 1,500 jobs. The leading automotive supplier intends to serve the regional hubs of TIER1 companies with the newly created capacity.
2023. 09. 08.
Automotive #AutomotiveThe latest development at Sanofi's Csanyikvölgy plant was inaugurated at a ceremony, resulting in an investment of almost HUF 8 billion to increase the production capacity of prefilled syringes by one and a half times.
2023. 09. 08.
MedTech #MedTechWith an investment of around EUR 61.9 million, Samsung SDI is boosting its Hungarian R&D activities in Göd. As a result of the decision, the company is committing to create 25 R&D jobs, and it is the first company in Hungary to launch a battery technology traini...
2023. 09. 07.
Battery #BatteryLG Magna e-Powertrain, the joint venture between LG Electronics and Magna announced at IAA Mobility 2023 that it will build its first European production facility in Miskolc, Hungary, by investing 51.6 million euros. The project is set to create some 200 new jobs.
2023. 09. 04.
Automotive #AutomotiveWith the adoption of the Temporary Crisis and Transition Framework (hereinafter: TCTF), the aim of the European Commission is to ensure that the objectives of the European Green Deal will be achieved.
2023. 08. 11.
HIPA #HIPAPursuant to Government Decree No. 366/2023 (VIII. 3.) on the Amendment of Government Decree No. 210/2014 (VIII. 27.) (hereinafter: Decree) on the use of the Earmarked Scheme for Investment Promotion from August 4, 2023 significant and favourable changes will be ...
2023. 08. 04.
HIPA #HIPAThe Hungarian EV ecosystem is going to be enriched by yet another battery manufacturer that is ranked top 10 in the world. The announcement by Sunwoda of an initial investment of EUR 245 million marks a new chapter in the history of the Chinese firm to set up sh...
2023. 07. 27.
Battery #Battery