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Pursuant to Government Decree 50/2023 (II.22.) on the Amendment of Government Decree 210/2014. (VIII. 27.) on the use of the Earmarked Scheme for Investment Promotion from 23 February 2023 significant changes will be introduced to the non-refundable cash incenti...
2023. 02. 23.
HIPA #HIPAGerman giant Bosch invests heavily for the purpose of developing its Hungarian operation yet again: due to new investments worth nearly HUF 70 billion a logistics and distribution center will be set up and the manufacturing capacity of its site in Miskolc will b...
2023. 02. 17.
Automotive #AutomotiveHungarian freight forwarding and logistics firm Trans-Sped Kft. celebrated the inauguration of its brand new logistics hall in Nagytarcsa. The investment is part of a seven-year development plan that mobilizes EUR 23 million and creates 257 new jobs.
2023. 02. 16.
Logistics #LogisticsHungary’s investment promotion framework will change, and the cost elements related to the production of renewable energy could be accounted for up to 50% of the investment volume – noted István Joó in an interview with Portfolio, after going on to say that the ...
2023. 02. 13.
HIPA #HIPAA new stakeholder joins the Hungarian electric vehicle manufacturing landscape thanks to Nippon Paper’s investment in Vácrátót to produce high-performance environmentally friendly cellulose-based additives for batteries. The project is bound to generate some EUR...
2023. 02. 06.
Battery #BatteryForeign investors’ trust placed in the Hungarian economy is unbroken as evidenced by an investment volume of EUR 6.5 billion in 2022, an all-time high in the history of investment promotion in Hungary. In total 92 large FDI deals were closed to create some 15,00...
2023. 01. 31.
HIPA #HIPAA EUR 150 million investment represents Boysen Group’s intent to take a decisive step towards altering its profile to meet growing demand connected to electrification. The German company has announced that it will build a battery casings plant in Nyíregyháza tha...
2023. 01. 30.
Battery #BatteryAn automated storage facility and a new 35,000 square meter production plant will be added to Nestlé Hungária Kft.’s site in Bük, located in Vas County, Hungary thanks to an investment of some HUF 140 billion. The project is set to create 250 new jobs.
2023. 01. 13.
Food Industry #Food IndustryThe Hungarian Investment Promotion Agency (HIPA) and the German-Hungarian Chamber of Industry and Commerce jointly assessed the state-of-play of economic relations of the two countries whereby it was established that German investors’ trust for the Hungarian eco...
2023. 01. 02.
HIPA #HIPA