Leading European Agency Recommends Hungary for Investment The Mercedes plant in Kecskemét (central Hungary), one of the many important investments in the automotive sector Scope Ratings recommends... 2024.01.29.
Bavaria Is One of Our Most Important Economic Partners, Says Foreign Minister The BMW plant under construction in Debrecen (eastern Hungary) The economic cooperation between Hungary and Bavaria has a future, because... 2024.01.24.
BYD Strengthens Its Presence with the Opening of New Dealership in Budapest BYD has signed a strategic retail agreement with the Schiller Car Family (Schiller Autó Család). The Chinese car manufacturer is... 2024.01.12.
Schaeffler to Launch Major Research and Development Project in Szombathely Hungary has successfully become a European champion in the first phase of the competition for manufacturing capacity in the new... 2023.12.20.
South Korean Hanon Systems Creates 250 New Jobs in Three Cities Hanon Systems, one of South Korea's largest automotive suppliers, will create 250 new jobs in Székesfehérvár (central Hungary), Pécs (southwestern... 2023.12.18.
German Automotive Investment Worth HUF 24 Billion Arrives The German automotive supplier ZF will create more than 300 new jobs in Kecskemét (central Hungary) and Debrecen (eastern Hungary)... 2023.12.18.
Porsche Hungaria further Strengthens its Presence in the Country The recently appointed managing director of Porsche Hungaria expects an increase in sales of its brands next year. According to... 2023.12.08.
U.S. Company’s Investment Boosts Success of Automotive Sector International automotive companies no longer regard Hungary as just an assembly plant; the sector is characterized by highly innovative and... 2023.12.06.
LG and Magna’s First Joint European Factory in Miskolc Will Create 200 New Jobs The joint venture of South Korea's LG and Canada's Magna will see its first European factory built in Miskolc (northeast... 2023.12.05.
Major U.S. Investment in E-mobility Creates Sixty New Jobs Hungary is one of the winners of the electric car transition and thus of the new European economic era, also... 2023.12.05.
South Korea’s Hankook Tire to Expand Rácalmás Plant with HUF 210 Billion Hankook Tire will create 450 new jobs in Rácalmás (central Hungary), where the South Korean company will manufacture tires specifically... 2023.11.24.
Chinese Automotive Investment Worth HUF 39 Billion Arrives Zhejiang Shuanghuan Driveline, a Chinese automotive company, will create 450 new jobs in Jászfényszaru (central Hungary) as a result of... 2023.11.20.
Nearly HUF 3 Billion Automotive Supplier Development Program Launched A nearly HUF 3 billion (EUR 8 million) automotive supplier development program is being launched to increase the share of domestic suppliers,... 2023.11.16.
Denso Launches Inverter Production in Székesfehérvár Japanese company Denso has launched the production of inverters in Székesfehérvár (central Hungary). The plant, built with an EUR 30... 2023.11.13.
Giant Automotive Investment near the Capital: Logistics Park To Be Built WLP (Weerts Logistics Park), a Belgian-Hungarian-owned company known throughout Europe for building state-of-the-art warehouses, and RaktárAD have launched its third... 2023.11.10.
Prime Minister Shares Details on Chinese Car Factory Hungary is Bidding for The BYD plant may not be built in Soroksár (23rd District of Budapest), but in southern Hungary, Prime Minister Viktor... 2023.11.08.
Further Increase in the Automotive Sector’s Contribution to GDP Essential Hungary's international working capital currently exceeds EUR 100 billion, and the government plans to double this figure by 2030, the... 2023.11.08.
New Bosch Logistics Center to Be Built in Northern Hungary On Tuesday, the Maklár plant of Robert Bosch Automotive Steering Kft, a manufacturer of steering gears for passenger cars and... 2023.11.08.
Chinese Electric Battery Parts Manufacturer to Start Production in Debrecen SEMCORP's office in Zhuhai, China Production at the first overseas plant of the Chinese company SEMCORP in Debrecen (eastern Hungary)... 2023.11.08.
Hungary Aims to Remain a Key Destination for Chinese Investors Minister of Economic Development Márton Nagy attended the 6th China International Import Expo in Shanghai. In his speech at the... 2023.11.07.
BMW Group Plant Debrecen to Start Test Production Next Year The BMW Debrecen plant (eastern Hungary) will start test production in September of next year, the HR marketing and recruitment... 2023.11.06.
