Hungarian Investment Promotion Agency

Chinese-owned Evoring Kft., a Shuanghuan Driveline company, invests EUR 104.4 million to set up a new plant in Jászfényszaru. The facility now broke ground where gears and shafts for EVs will be produced. The company will create 450 jobs.

2023. 11. 17.

Körber Hungária Kft. invests EUR 14.4 million to add new equipment to its existing capacities and set up an automated storage facility at its Pécs site. Scheduled to be completed by the end of 2025, the investment also includes the installation of solar panels t...

2023. 11. 06.

The BMW Group's iFactory plans are well on track, achieving a major milestone with the inauguration of the Training Center—a facility constructed on-site as part of the ongoing over EUR 2 billion project. With cutting-edge infrastructure at its disposal, the nea...

2023. 10. 30.

AiMotive Informatikai Kft., that has been a Stellantis member company since last year, has embarked on a EUR 55 million R&D project to develop an artificial intelligence platform that will provide Level 3 self-driving capabilities for all car models produced by ...

2023. 10. 30.

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.

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.

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.

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.

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.