News
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, with the new production unit is scheduled to start production by late 2025.
2024. 12. 17.
Automotive #AutomotiveThe Hungarian subsidiary of the British DS Smith, a leading supplier of sustainable packaging solutions, is launching development projects at three of its Hungarian facilities simultaneously.
2024. 11. 25.
Industrial Products #Industrial ProductsSouth Korea’s food industry giant, CJ Foods, has chosen Hungary as the site for its first Central and Eastern European production facility. The company, renowned for its global production and distribution of staple foods, appetizers, and ready-made meals, has chosen Dunavarsány for this EUR 80 million greenfield project. The plant and logistics center set to commence operations with 200 employees ...
2024. 11. 20.
Food Industry #Food IndustryThe business services center (BSC) sector has closed another record year in Hungary, achieving outstanding results at the regional level, according to the latest survey conducted in collaboration with the HIPA Hungarian Investment Promotion Agency, the findings ...
2024. 11. 14.
BSC #BSCAs part of its commitment to expanding its presence in Hungary, global animal vaccine producer Ceva-Phylaxia has announced an EUR 75 million investment, establishing a state-of-the-art unit in Monor dedicated to manufacturing inactivated, multicomponent vaccines...
2024. 11. 14.
MedTech #MedTechThe Hungarian medical device manufacturing sector sees further reinforcement through Karsai Alba Ltd.'s latest investment. As part of an EUR 10.86 million project, the fully Hungarian-owned company based in Székesfehérvár has inaugurated a 2,100-square-meter, fu...
2024. 11. 04.
MedTech #MedTechChinese 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.
Automotive #AutomotiveUnilever's Nyírbátor operation is set to be expanded by a beauty care unit, which will produce 150 million bottles of deodorants a year from globally recognized brands.
2024. 10. 10.
HIPA #HIPAThai President Foods, one of the largest players in the instant noodles market, is set to scale up its operation in Esztergom with an investment of more than EUR 45 million in a dedicated spice manufacturing plant and new production lines in order to expand in ...
2024. 09. 13.
Food Industry #Food Industry