News
Hungarian-owned logistics firm Transit-Speed Kft. invested EUR 10.7 million in Kisvárda to set up new warehouses and beef up its wagon loading technology. Now that the developments are complete, 20 new jobs have been created.
2023. 05. 18.
Logistics #LogisticsHigh-ranking representatives of Hungary-based automotive stakeholders gathered for the ninth time to attend the 2023 edition of HIPA’s Automotive Conference, an annual flagship event of the Agency. Insights by top executives and renowned experts shed the light o...
2023. 05. 12.
Automotive #AutomotiveUp to EUR 50 million will be invested by Magna Metalforming GmbH to set up a new plant in Vecsés with the aim to produce structural bodywork items. The investment is set to create 300 new jobs.
2023. 05. 11.
Automotive #AutomotiveChinese battery cell manufacturer EVE Power will build a new production plant in Debrecen by investing more than EUR 1 billion. The first such European facility of the company will supply BMW Group’s neighbouring iFactory and is set to have a total capacity of 2...
2023. 05. 09.
Battery #BatteryInnoscitech Kft.’s new autoclaved aerated concrete plant has been inaugurated in Biharkeresztes as a result of a HUF 14 billion investment. The additional substantial production capacities will allow to supply environmental friendly building material, while near...
2023. 05. 08.
HIPA #HIPASouth Korea-based Sang-A Frontec extends its production capacities at its site in Szada, Pest county. The company is implementing a EUR 25 million investment to ramp up manufacturing of plastic battery parts for its main client, Samsung SDI. The development will...
2023. 05. 05.
Battery #BatterySwiss-owned Novartis expands its Hungarian presence by adding a regional R&D center. Apart from its core research functions, the facility will play a crucial role in coordinating related activities in several countries.
2023. 05. 05.
Life Sciences #Life SciencesThe prestigious US-based Site Selection Magazine released its Global Best To Invest rankings for the 15th time this year, and Hungary finished first among the countries of the Eastern European region. Local city-level investment activities have also been recogni...
2023. 05. 04.
HIPA #HIPAUpon the invitation of the Budapest Chamber of Commerce and Industry to the Hungarian capital, a business delegation of high ranking members of New Jersey State’s politics and business paid a visit to HIPA headquarters followed by an insightful business forum. T...
2023. 04. 28.
HIPA #HIPA