Hungarian Investment Promotion Agency

Japanese Seiren Group has set up a new plant in Pécs for over EUR 42 million to manufacture synthetic leather car seat covers. The site is the first one ever established by the company in Europe where 170 people will be employed.

2023. 05. 30.

High-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.

Up 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.

German 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.

A unit to assemble high-voltage batteries for the fully electric model generation NEUE KLASSE is added to BMW Group's plant in Debrecen of which construction was launched six months ago. The total investment volume of the entire Debrecen project is thus set to e...

2022. 11. 25.

A new thyssenkrupp engineering development office was inaugurated in Szeged that reflects the German behemoth’s effort to intensify related activities as part of its Hungarian operation. Up to 65 automotive engineers can look forward to be hired in the near fu...

2022. 10. 26.

Switzerland-based leading auto part supplier SAG – Autonet Group opened its brand-new high-tech warehouse worth over EUR 27 million in Üllő. Offering vacancies for 130 future workers, the project will provide a highly automated storage space of 16,500 square m...

2022. 10. 07.

German-owned Infineon Technologies celebrated the expansion of its plant in Cegléd, which is Hungary’s biggest semi-conductors manufacturing facility. The EUR 100 million investment that is to create up to 275 jobs allows for the production of high-power semic...

2022. 10. 06.

Following a EUR 10.6 million investment, the expansion of Audi Hungaria’s tool plant is now complete which provides a dynamic backdrop to the continuously developing operation of the company in Győr. As a result, more space of 6,300 square meters and 30% added...

2022. 09. 27.