News
The purpose of the amendment to the so-called ESIP Decree aims on the one hand for transposing the changed state aid rules of the European Union into the Hungarian legal system and on the other hand for introducing additional new aid instruments, which will furt...
2023. 12. 31.
HIPA #HIPAThe world’s leading manufacturer of electric and plug-in hybrid cars, BYD, is planning to make a historic investment in Szeged, Hungary. The Chinese company aims to develop its first European electric vehicle manufacturing plant on a ca. 300-hectare site in Hung...
2023. 12. 22.
Automotive #AutomotiveA leading supplier of electric drivetrains, Schaeffler has announced to launch a major R&D project in value of HUF 5.2 billion at its Szombathely site. The development that also creates 94 new jobs will help the German company solidify its market position.
2023. 12. 19.
Automotive #AutomotiveGermany-based technology group ZF invests EUR 62.5 million to implement two large-scale projects in Debrecen and Kecskemét, two automotive strongholds in Hungary. The investments that will create 313 new jobs is set to provide capacities to manufacture auto part...
2023. 12. 15.
Automotive #AutomotiveLeading Korean automotive thermal solution supplier Hanon Systems invests EUR 117 million to develop three of its sites in Hungary in Székesfehérvár, Pécs and Rétság. The projects will create 250 new jobs, whilst a large scale training program is also in the pip...
2023. 12. 15.
Automotive #AutomotiveCoca-Cola celebrated yet another milestone on the way to turning its plant in Dunaharaszti the largest manufacturing hub of the region. The American company inaugurated a state-of-the-art PET bottle production line and a brand new production hall in total value ...
2023. 12. 05.
Food Industry #Food IndustryHowmet-Köfém Kft. invests EUR 44.9 million to implement a substantial extension of its wheel plant in Székesfehérvár. The project to be completed by early 2025 will create 80 new jobs.
2023. 12. 05.
Automotive #AutomotiveJapanese-owned TDK Hungary Components Kft. installs a new solar and heat pump system in value of HUF 3.4 billion which essentially enables the company to disconnect from the natural gas grid. The investment will be implemented from the company’s own funds and th...
2023. 12. 05.
Electronics #ElectronicsHIPA in association with AmCham Hungary and ABSL Hungary revealed the latest edition of the business services study in its flagship event Business Services Hungary 2023 Conference that featured top notch experts of the industry. The figures tell a tale of rapid ...
2023. 12. 04.
BSC #BSC