Hungarian Investment Promotion Agency

In the first days of 2020, PSA group starts to produce three-cylinder Turbo PureTech petrol engines at the Szentgotthárd plant. 350,000 1.2-liter engines, 100 and 130 hp, are expected to be produced in each year. Being awarded and implementing this strategic i...

2020. 01. 09.

Schaeffler Savaria will broaden its portfolio in Szombathely by building a development centre manufacturing and developing components for electric drive systems. The German automotive supplier is improving its production base by EUR 70 million, which leads to ...

2019. 11. 28.

The second production hall of NHK Spring has been completed in Tata nearly three years after the inauguration of the first one. With an investment of EUR 84 million, the leading Japanese automotive supplier has tripled the size of its first european unit by co...

2019. 10. 31.

Another investment is being launched in the Hungarian factory of Joyson Safety Systems. By maintaining the current headcount, under the EUR 50 million project efficiency is being improved and production volume is being increased by installing new machinery and...

2019. 10. 11.

The Consulate General of Hungary in New York hosted a special event where investment opportunities in Hungary were put into limelight. In the framework of the investment forum "Hungary: Where Innovation Creates Value", Péter Szijjártó, Minister of Foreign Affa...

2019. 09. 26.

Representatives of the city and the company group have signed the land sales contract, which means that upon the closure of the pre-construction-phase managed by the city of Debrecen, BMW may begin the building of its new production plant in Spring 2020. There...

2019. 09. 24.

Denso's latest investment is now over, which resulted in the modernisation and expansion of its vehicle component manufacturing activities. The EUR 65 million technology-intensive project has brought semi- and fully automated production lines to the plant in S...

2019. 09. 20.

Hübner-H's latest investment, of about EUR 11 million, is coming to an end in Nyíregyháza. Alongside comprehensive developments targeted at the manufacturing technology and the related IT background in the company group's largest production centre, constructio...

2019. 09. 19.

4900 square metres production and storage building inaugurated in Pécs as the first step of the 20 year old Honsa's newest investment of EUR 10 million. Thanks to the Hungarian unit, the German company has become a dominant entity in the field of automotive lo...

2019. 09. 18.