News
China’s BYD, the world’s largest electric vehicle manufacturer is setting up its European headquarters and research and development (R&D) base in Hungary.
2025. 05. 15.
Automotive #AutomotiveHungary must be anchored on the global innovation map of the automotive industry, Government Commissioner and CEO of the Hungarian Investment Promotion Agency (HIPA), Mr. István Joó said at the 11th annual Automotive Conference in Budapest.
2025. 05. 13.
Automotive #AutomotiveCSABAcast Kft., one of Hungary’s leading light metal foundries, is ready to contribute to the production of fully electric vehicles, as a result of a major upgrade of the Heves County-based facility.
2025. 05. 09.
Automotive #AutomotiveNestlé Hungária Kft. has inaugurated a new solar park in Szerencs, representing an investment of EUR 1.8 million. The facility will generate approximately 1.5 GWh of electricity annually and marks the latest development in the operations of the Swiss company, wh...
2025. 05. 07.
Food Industry #Food IndustryHungary continues to strengthen its position in the pharmaceutical industry as Singapore-based Hongene Biotech announces the establishment of its first European manufacturing facility in Gödöllő. The nearly EUR 94 million greenfield investment will create 150 ne...
2025. 04. 25.
MedTech #MedTechPursuant to Government Decree No. 81/2025. (IV. 17.) on the Amendment of Government Decree No. 210/2014 (VIII. 27.) (hereinafter: Decree) on the use of the Earmarked Scheme for Investment Promotion from April 18, 2025, significant and favourable changes will be ...
2025. 04. 22.
HIPA #HIPAThe Hungarian Investment Promotion Agency (HIPA) has again recorded a landmark achievement. Hungary’s investment environment and HIPA’s efforts have been recognized for the fourth time at the Annual Investment Meeting (AIM) event in Abu Dhabi, now as the best in...
2025. 04. 17.
HIPA #HIPAWith one of the most significant investment projects in its history, Start Plast, a traditional firm in the Hungarian plastics industry, has doubled its capacity.
2025. 03. 20.
Industry #IndustryUS-based GE Vernova held its first supplier forum in Budapest, organized by the Hungarian Investment Promotion Agency (HIPA). The event was attended by more than forty companies which can team up with with GE Vernova and join the sustainable energy transition.
2025. 03. 19.
Industrial Products #Industrial Products