Aero Space Power Launches Major Investment in Kisvárda
2025. 09. 15.
With an investment of nearly EUR 5.5 million, the Hungarian-owned Aero Space Power is establishing a new production hall in Kisvárda. The company, engaged in metalworking, turbine and component production, and aerospace structure repair, is also expanding its portfolio with new activities at the site. As a result of the investment, 20 new jobs will be created.
Aero Space Power is a dynamically developing Hungarian enterprise whose main activities include the repair and maintenance of civil aircraft and spacecraft, as well as the production of aerospace metal components. With extensive expertise in the maintenance of aircraft and energy equipment, the company maintains long-term cooperation with GE Vernova and holds a maintenance service agreement with GE Aerospace. In 2019, the company obtained the European Aviation Safety Agency’s Part 145 approval for its repair base, which was complemented in 2021 by the U.S. Federal Aviation Administration’s Part 145 certification. This places Aero Space Power among the exclusive group of only four Hungarian enterprises with such authorizations.
Through its latest investment, Aero Space Power will expand its Kisvárda site with the construction of a new 2,000 m² production hall, while also broadening its portfolio with further activities. In addition to its existing activities in metalworking, turbine and component manufacturing and refurbishment, the company will gain capabilities in thermal spraying, painting, and machining processes thanks to the installation of advanced industrial equipment.
The investment will create a total of 20 new jobs in Kisvárda.
Between 2014 and the first half of 2025, with the support of HIPA, a total of 185 positive decisions were made regarding projects in the metal industry, representing a volume of approximately EUR 966 million. The highlighted investments create around 2,550 jobs, while nearly 22,000 jobs were preserved.
Sector articles
The new investment of the Hungarian-owned Kókai Mátyás és Társa Kft. will be implemented in Ajka, enabling the company to further expand its manufacturing activities, deepen its production vertical integration, and strengthen the efficiency of its operations.
2026. 04. 10.
Industry #IndustryThanks to the capacity expansion investment of the Hungarian-owned DGA Kft., which specializes in the production of steel products, 25 new jobs will be created in Nemesgulács.
2026. 04. 09.
Industry #IndustryThe foundation stone of the Vulcan Shield Hungary (VSH) Kft. plant in Békéscsaba, belonging to the VSG group, was laid in a ceremonial event. In addition, the company has started production in the Linamar facility and announced the establishment of its new R&D c...
2026. 04. 02.
Industry #Industry