Hungarian Investment Promotion Agency

German rail technology giant Siemens Mobility is expanding its research and development (R&D) center in Budapest through a series of international innovation projects.

2025. 10. 08.

Munich-based BMW Group has completed its plant in the Eastern Hungarian city of Debrecen, dedicated exclusively to the production of fully electric vehicles.

2025. 09. 26.

Flex, one of Hungary’s most significant employers, is carrying out another investment at its plant in Zalaegerszeg. The U.S.–Singaporean enterprise, present on the Hungarian market for more than three decades, will launch a vehicle electronics research and devel...

2025. 09. 08.

Plant modernization, increased efficiency, the full utilization of existing capacity, flexible adaptation to future demands, and the achievement of carbon-neutral operations are at the center of the plant developments that were inaugurated at Magyar Suzuki Zrt.’...

2025. 07. 29.

China’s BYD, the world’s largest electric vehicle manufacturer is set to further expand its presence in Hungary by yet another major investment aiming at the production of electric trucks.

2025. 06. 27.

The Chinese-owned Halms has once again chosen Hungary as the location for its latest strategic investment. Following the establishment of one of the country’s leading aluminum processing facilities in Debrecen, the company has announced the construction of a new...

2025. 06. 02.

Chinese electric vehicle giant BYD is set to launch its new European headquarters and R&D base in Budapest within weeks and plans to recruit several hundred highly skilled professionals as early as this year, Government Commissioner and CEO of the Hungarian Inve...

2025. 05. 16.

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.

Hungary 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.