Meth strengthens its position through a new capacity expansion investment.

Meth strengthens its position through a new capacity expansion investment.

2026. 02. 10.

Specializing in transformer manufacturing, Meth Electric Transformers Kft. is implementing a €12.78 million investment in Nagykanizsa, creating a dozen new jobs.

Founded in 2014 with Italian background, Meth Electric Transformers Kft. has become a major player in the manufacturing of single-phase and three-phase low- and medium-voltage transformers. The company’s headquarters and one of its production sites are located in Nagykanizsa, and with an export ratio of 97 percent, its products are widely present on international markets. In recent years, the company’s development has been driven by growing demand in the fields of renewable energy, industrial automation and other electrical industry segments.

This growth trajectory is reinforced by a €12.78 million investment in Nagykanizsa, focusing on the expansion of transformer manufacturing capacity and the creation of the conditions for Industry 4.0-level operations, complemented by an energy development aimed at renewable energy production.

Meth Electric Transformers Kft. will commence manufacturing activities in its new production hall located in the NIPÜF industrial park in Nagykanizsa. In addition to manufacturing areas, the facility will include laboratories suitable for product testing.

The company places strong emphasis on the involvement of domestic suppliers, as reflected in its active participation in HIPA’s supplier development programs.

Between 2014 and 2025, with the support of HIPA, a total of 185 positive decisions were made on projects related to the electronics sector, representing a total investment volume of approximately €27.8 billion. As a result of these investments, around 43,400 jobs are expected to be created, while more than 30,000 jobs have been preserved through projects implemented under the VNT and Factory Rescue programs.

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