Schaeffler is building a new plant in Szombathely with a HUF 23.5 billion investment, supported with a HUF 5 billion non-refundable government subsidy and creating 150 jobs in the process.
2019.11.30 11:36
National Instruments inaugurates HUF 5.5 billion investment in Debrecen. Daimler hints on cost reduction scheme to involve layoff of Mercedes-Benz employees. Let’s recap what last week brought in Hungary’s automotive sector.
2019.11.19 15:45
Joyson Safety Systems Kft. is expanding its production plant in Miskolc, modernizing production actvities and implementing a new production technology.
2019.10.11 23:05
Germany-based thyssenkrupp has launched construction works for its new camshaft plant in Pécs.
2019.10.05 09:53
Infineon Technologies has held the foundation stone laying ceremony of its latest production unit in Cegléd.
2019.10.05 09:45
The Hungarian government has purchased a 20 percent share in Ózd Steel Works from current owner Germany-based Max Aicher Group for €30 million.
2019.02.02 10:59
Linamar Hungary Zrt. will carry out a HUF 17.6 billion automotive investment in Békéscsaba, Hungary’s minister of foreign affairs and trade announced this week in Budapest.
2018.12.13 14:52
The Association of Hungarian Logistical Service Centres (MLSZKSZ) has drafted an action plan extending to the entire logistics sector, including road, railway and waterway transport, logistics services and customs in order to boost competitiveness.
2018.11.15 23:09
British car manufacturer Jaguar announces technical engineering centre in Budapest with 100 engineer positions. Government hints at local investment by major Chinese supplier. Let’s recap what a short but busy last week brought in Hungary’s automotive sector.
2018.11.05 12:24
The Hungarian government hopes that a new employment programme launched recently by the Ministry of Finance will aid at least 50,000 people to find employment in the private sector.
2018.08.30 13:19
The Ministry of Innovation and Technology (ITM) has signed a four-year partnership agreement with Siemens Zrt. on the reform of dual vocational training and a pilot project.
2018.08.08 22:02
The new plant in Mezőkövesd, built in one year, will manufacture cooling systems for commercial vehicles. The company has plans for the further expansion of the Hungarian subsidiary in the years to come.
2018.03.28 22:44
The automotive industry’s significance in the Hungarian economy will not decrease, in fact, it is expected to show further growth, István Lepsényi, the Ministry for National Economy´s minister of state for economic regulation, said at an automotive conference this week.
2017.12.06 11:50
Indian-owned SMP’s 100,000sqm plant in Kecskemét will manufacture bumper and dashboard components.
2017.11.16 22:00
Industry 4.0 has a central role in economic development and boosting the quality of employment, which is why the Hungarian Ministry for National Economy (NGM) has launched a programme called Industry 4.0 Sample Factory.
2017.11.10 21:02
Digital production technology, production launch of DriveGuard tyres are the result of Bridgestone’s latest development project in Tatabánya. Let´s recap what the 43rd week this year brought in Hungary´s automotive sector.
2017.10.30 12:29
Last week saw the largest automotive trade show in Hungary, an event that certainly stole the spotlight. Nevertheless, let’s recap what else the 42nd week this year brought in Hungary’s automotive sector.
2017.10.24 18:41
The group’s latest investment further expands its pressing capacity, promotes technological development and improves its tool design and manufacturing capabilities.
2017.10.20 09:46
Siemens Hungary president and CEO Dale A. Martin said the cooperation will open new ways for Hungarian SMEs to join the Siemens supplier chain.
2017.10.11 20:54
U.S.-based BorgWarner will create 600 jobs at their three plants in Oroszlány with a HUF 15bln (€48m) investment, the CEO of the turbocharger manufacturer’s Hungarian subsidiary said this week.
2017.06.28 22:18
German-owned aircraft supplier Diehl Aircabin Hungary have launched a HUF 3.7bln (€11.9m) investment in Nyírbátor, subsidised with a HUF 1.38bln (€4.4m) state support.
2017.06.23 16:35
Opel Szentgotthárd optimistic about future prospects after acquisition by PSA Group, Hungary expands bus manufacturing capacity. Let’s recap what the 13th week this year brought in Hungary’s automotive sector.
2017.04.03 12:22
According to a government decision on unique terms, the Ministry of National Economy will allocate a HUF 622m (€2m) budgetary contribution to Mercedes-Benz Manufacturing Hungary Kft. to support the car maker´s training programme.
2017.03.31 23:46
Kravtex-Kühne Group unveils new, lengthened city bus, automotive suppliers set to create jobs in Kecskemét and Eger. Let’s recap what the 12th week this year brought in Hungary’s automotive sector.
2017.03.27 13:40
ZF Hungária Kft.’s new investment will allow the Eger-based subsidiary to expand its manufacturing activities with the production of eight-speed automatic transmissions for passenger cars, adding at least 770 new employees to its payroll.
2017.03.24 19:54
Featured partners
