News
On the 15th anniversary of Stadler’s Szolnok facility, the first aluminum double-decker car body produced in Jász-Nagykun-Szolnok County was unveiled. This milestone was achieved as part of an EUR 45.2 million investment launched in 2023, enabling the Szolnok plant to become the largest car body manufacturing hub for both the company and the region.
2025. 01. 17.
Automotive #AutomotiveThe Hungarian Investment Promotion Agency (HIPA) achieved outstanding results in 2024, with investment capital inflow into the Hungarian economy exceeding the EUR 10 billion mark for the second year in a row. HIPA CEO Mr. István Joó highlighted that the results of Hungary’s economic neutrality are to be seen first in the field of investment promotion.
2025. 01. 16.
HIPA #HIPAFeintool, a Swiss-owned leader in precision electrical steel and formed steel components manufacturing, is investing EUR 34.1 million to expand its Tokod facility in Hungary’s Esztergom district. The project will add 6,740 square meters to the existing plant, with the new production unit is scheduled to start production by late 2025.
2024. 12. 17.
Automotive #AutomotiveThe Hungarian subsidiary of the British DS Smith, a leading supplier of sustainable packaging solutions, is launching development projects at three of its Hungarian facilities simultaneously.
2024. 11. 25.
Industrial Products #Industrial ProductsSouth Korea’s food industry giant, CJ Foods, has chosen Hungary as the site for its first Central and Eastern European production facility. The company, renowned for its global production and distribution of staple foods, appetizers, and ready-made meals, has ch...
2024. 11. 20.
Food Industry #Food IndustryThe business services center (BSC) sector has closed another record year in Hungary, achieving outstanding results at the regional level, according to the latest survey conducted in collaboration with the HIPA Hungarian Investment Promotion Agency, the findings ...
2024. 11. 14.
BSC #BSCAs part of its commitment to expanding its presence in Hungary, global animal vaccine producer Ceva-Phylaxia has announced an EUR 75 million investment, establishing a state-of-the-art unit in Monor dedicated to manufacturing inactivated, multicomponent vaccines...
2024. 11. 14.
MedTech #MedTechThe Hungarian medical device manufacturing sector sees further reinforcement through Karsai Alba Ltd.'s latest investment. As part of an EUR 10.86 million project, the fully Hungarian-owned company based in Székesfehérvár has inaugurated a 2,100-square-meter, fu...
2024. 11. 04.
MedTech #MedTechChinese electric car manufacturer BYD first Hungarian Suppliers' Forum in Budapest attracted more than hundred domestic companies. At the two-day event, organised by HIPA Hungarian Investment Promotion Agency, Minister of Foreign Affairs and Trade Péter Szijjárt...
2024. 10. 16.
Automotive #Automotive