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Naturtex expanded its production capacity by 40 percent in Szeged - VIDEOREPORT

The new production hall and office building of the Hungarian family-owned textile manufacturing Naturtex Group has been completed. With an investment of almost EUR 12 million creating 150 new jobs, the company achieves a significant capacity increase, furthermor...

2021. 10. 25.

#HIPA #Szeged #Services center #Naturtex #EUR 12 million #Textile manufacturing
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Mercedes-Benz will launch series production of a purely electric vehicle in Hungary - VIDEOREPORT

Mercedes-Benz Manufacturing Hungary launches the series production of its new fully electric SUV model, the "EQB". The company completed the investment in a remarkably short period of time from decision-making – in less than 1 year. EQB is the very first fully e...

2021. 10. 22.

Automotive #Automotive #EUR 100 million #Mercedes-Benz #Kecskemét #EQB compact SUV
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Swiss Krono is launching a capacity increasing investment in Vásárosnamény

The Swiss-owned Swiss Krono, the world's leading manufacturer of wood-based materials, has decided to implement a significant capacity increasing development. As a result of the investment of EUR 47 million retaining 145 jobs and creating 28 new ones, the "OSB" ...

2021. 10. 19.

HIPA #HIPA #HIPA #SWISS KRONO #Vásárosnamény #OSB production #EUR 47 million
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Egis inaugurated two new plants in Körmend - VIDEO REPORT

In order to increase their pharmaceutical production capacity, the French-owned Egis Pharmaceuticals has expanded its site in Körmend. With the investment of more than EUR 21.8 million, in addition to the new packaging factory, Egis has also established a plant ...

2021. 10. 15.

Life Sciences #Life Sciences #Egis #Körmend #Pharmaceutical production #EUR 21.8 million
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Thyssenkrupp has moved into a new R&D Competence Centre in Budapest - VIDEO REPORT

Thyssenkrupp has moved into a new automotive R&D Competence Centre in Budapest. The new office building, which was created from EUR 6.2 million, comprising 13,200 square metres of office space and a 2,500-square-metre laboratory complex, provides space for...

2021. 09. 30.

Automotive #Automotive #Budapest #thyssenkrupp #EUR 6.2 million #New office and laboratory
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HIPA and Budapest Business Journal once again awarded the best foreign CEOs 2021

The most prominent foreign executives living and working in Hungary have been awarded for the seventh time by the Budapest Business Journal (BBJ) and the Hungarian Investment Promotion Agency (HIPA) in 2021.

2021. 09. 24.

HIPA #HIPA #HIPA #Expat CEO of the Year #Deutsche Telekom IT Solutions Hungary #Jaguar Land Rover
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Cosmo Consult Group is to set up IT development and service centres in Debrecen and Szeged

The Hungarian subsidiary of the Cosmo Consult Group will establish new IT development and service centres in Debrecen and Szeged providing business IT solutions. With an investment of some HUF 785 million, the company with a German background active in 26 countr...

2021. 09. 23.

ICT #ICT #Debrecen #Szeged #Cosmo Consult #HUF 785 million
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Knorr-Bremse, a manufacturer of brake systems, strengthens in Budapest

The 8,000-square-metre new Railway Service Centre of the world leading manufacturer of brake systems for railway and road vehicles, Knorr-Bremse Rail Vehicle Systems Hungária Kft., has been inaugurated in Budapest. As a result of the investment, which includes o...

2021. 09. 21.

#HIPA #Budapest #Knorr-Bremse #HUF 2.5 billion #Brake systems
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Schaeffler Savaria strengthens in Szombathely with purely e-mobility components - VIDEO REPORT

Schaeffler Savaria's second plant was handed over in Szombathely. The investment is a new facility realizing the development and production of powertrains for electric vehicles, built on a 30-hectare area 3 km from the old factory with a greenfield investment. A...

2021. 09. 17.

Automotive #Automotive #EUR 70 million #E-mobility components #Schaeffler #Szombathely