Hungarian Investment Promotion Agency

Feintool, a Swiss-owned leader in precision electrical steel and formed steel components manufacturing, is investing EUR 34.1 million to expand its Tokod facility in Hungary’s Esztergom district. The project will add 6,740 square meters to the existing plant, wi...

2024. 12. 17.

Chinese electric car manufacturer BYD first Hungarian Suppliers' Forum in Budapest attracted more than hundred domestic companies. At the two-day event, organised by HIPA Hungarian Investment Promotion Agency, Minister of Foreign Affairs and Trade Péter Szijjárt...

2024. 10. 16.

SMR Automotive Mirror Technology Hungary Bt., a Motherson Group company, has announced to implement a EUR 33.3 million investment in Hungary. The Indian automotive supplier’s development aims to expand production and logistics capacities and install automation a...

2024. 06. 06.

Flex, with over three decades in the Hungarian market, is investing at two sites in Zalaegerszeg. The American-Singaporean company will begin manufacturing high-tech electric and hybrid vehicle components for global OEMs such as BMW, Ford, and Volkswagen, as wel...

2024. 05. 29.