Hungarian Investment Promotion Agency

Ganz Ltd. builds on the legacy of three renowned Hungarian engineers – Ottó Bláthy, Károly Zipernowsky, and Miksa Déri – and carries forward the heritage of the company group originally founded by Ábrahám Ganz in 1844 and later known as Ganz Electric Works. Today, the 100% Hungarian-owned company employs nearly 600 people and holds unique know-how in the domestic market. Its primary clients include MAVIR and major Hungarian energy distribution companies such as E.ON’s Western Hungary branches, Opus TITÁSZ, and MVM Émász-Démász.

With its latest project, Ganz will double the production capacity of its transformer plant in Tápiószele under the support of the “150 New Factories Program.” The EUR 50.4 million investment includes the construction of a new 6,500-square-meter production hall, allowing annual output to rise from 10,000 MVA to 20,000 MVA. The new facility will also enable the separate manufacturing of transformers of different sizes, making the production process faster and more precise. The project will create 300 new jobs in the region.

As a Hungarian company, Ganz places great emphasis on working with local suppliers wherever possible. It also plays an active role in technical education, maintaining a long-term cooperation with Óbuda University through the establishment of the “Ganz Department.” In addition, the company aims to further expand its collaboration with both Óbuda University and Budapest University of Technology and Economics to support its R&D activities through project-based partnerships.