Budapest

News

N
Kirchhoff Responds To Booming Demand By Setting Up New Production And Logistics Halls

German automotive firm Kirchhoff invests EUR 50 million in total at its sites in Esztergom and Dorog, both located in Pest county, to expand its Hungarian operation significantly. The projects are to create 80 new jobs.

2023. 07. 19.

Automotive #Automotive #Kirchhoff #EUR 50 million #NEW Jobs 80 #Esztergom-Dorog #body solutions
N
Factory Rescue Program Switches Into Active Mode

The first 25 companies have signed an incentive agreement under the Factory Rescue Program launched by the Government that aims to subsidize energy efficiency and energy generation-related investments. The total investment volume of the projects concerned amount...

2023. 07. 19.

HIPA #HIPA #Gyármentő #HIPA #Energy efficiency #Competitiveness
N
Global IT Consulting Company To Strengthen Hungarian Operation By Opening Its Second Office

Following an 8-year presence in Hungary, Belgian-owned Delaware Consulting Hungary Kft. has decided to expand locally by setting up a second office in Debrecen. The IT system integrator invests EUR 6.7 million and plans to hire 70 new colleagues.

2023. 07. 03.

ICT #ICT #Delaware #EUR 6.7 million #NEW Jobs 70 #Budapest #IT consultancy
N
BorsodChem’s Investments Strengthen Market Position and Sustainability

Key new facilities at BorsodChem Zrt.’s site in Berente have been officially inaugurated as part of developments that started in 2019. The latest projects that added major production capacities and an on-site power plant to the company’s operation were implement...

2023. 06. 30.

HIPA #HIPA #BorsodChem #EUR 400 million #Berente #Analine #Power plant
N
Unilever’s Completed Two-Phase Development Paves Way To Meet Rising Demand For Years To Come

The inauguration of a fully automated high bay warehouse with increased co-pack capacity marked the completion of Unilever’s two-phase investment in a total amount of EUR 60 million in Nyírbátor, Szabolcs-Szatmár-Bereg county. Thanks to the capacity extension po...

2023. 06. 30.

HIPA #HIPA #Unilever #EUR 60 million #Nyírbátor #Capacity expansion #Warehouse capacity
N
New Floor Manufacturing Plant To Put Graboplast On Growth Track

Hungarian-owned Graboplast celebrated the official opening of its brand-new SPC floor manufacturing plant worth over HUF 1.1 billion in Tatabánya. With demand rising in the modern floor covering segment, the newly installed production capacities are set to secur...

2023. 06. 29.

HIPA #HIPA #Graboplast #HUF 1.1 billion #Tatabánya #Floor manufacturing #SPC
N
Yet Another Chinese Market Player To Join Hungary’s E-mobility Ecosystem

Chinese-owned Huayou Cobalt has announced to set up its very first European plant in Ács, Komárom-Esztergom county, Hungary. As a result of the almost EUR 1.3 billion investment, substantial cathode material production capacities will be created for electric veh...

2023. 06. 21.

Battery #Battery #Huayou Cobalt #EUR 1.3 billion #NEW Jobs 900 #Ács #cathode material
N
Samyang Biopharm’s New Plant Fuels Thriving Medical Device Segment Growth

Korean-owned Samyang Biopharm’s new plant built for EUR 26.2 million has been inaugurated in Gödöllő where synthetic suture materials are manufactured. The company plans to ramp up production gradually, and it will create 55 jobs.

2023. 06. 13.

MedTech #MedTech #Samyang Biopharm #EUR 26.2 million #NEW Jobs 55 #Gödöllő #Medical suture
N
Rolls-Royce Switches Into Higher Gear In Research To Push Aviation Towards Net Zero

The Budapest research center of Rolls-Royce is set to become the venue for a dynamic R&D program aimed at electrifying aviation thanks to a EUR 16.4 million investment. The project will also support the creation of 20 engineering jobs.

2023. 06. 12.

Automotive #Automotive #Rolls-Royce #EUR 16.4 million #EUR 26.3 million #R&D #Aviation