Sapa is to install new technology in Székesfehérvár

Péter Szijjártó, Minister of Foreign Affairs and Trade at the announcement of the investment

Hungary has obtained another reference in connection with electromobility: the Székesfehérvár unit of Sapa Profiles won the intra-company competition for the production of alloys developed for electric and hybrid cars. Under the EUR 21.8 million project, presses and precision machining stations will be installed and 120 new jobs will also be created. Taking advantage of the development and its existing know-how, Sapa's plant in Hungary will become a prominent expert in the manufacturing of individual structural components for electric cars in Europe.

Frank Iepema, Managing director of Sapa Profiles Ltd.

Active in the field of metalworking, the Norwegian Sapa is one of the world's most important automotive suppliers, continuously working and developing together with partners such as Aston Martin, Audi, Jaguar or Porsche. The annual global sales of the company, which has capacities in 40 countries of the world, came close to EUR 6 billion in 2016, while employing more than 22,000 people. Recycled aluminium is used for more than 50% in production.

With its five aluminium press lines, various surface treatment technologies and more than 200 working machines, the Székesfehérvár unit is considered the largest pressing plant in Europe. Last year they reached sales of EUR 260 million and provide employment to about 1,500 people currently.

The company's Management chose the Székesfehérvár unit for this development at the end of tight competition in the region, where previous achievements and reliable workforce proved to be major factors in the decision. Sapa will make worked aluminium parts and crash-resistant alloys representing a high added value for new generation electric cars. The new pressing plant represents the most advanced technology and opens a new chapter in the history of the company's activities in Hungary so far, allowing the strengthening of the increasing automotive segment of electric and hybrid-powered cars in Székesfehérvár.

In his address, Frank Iepema, Managing Director of Sapa Profiles Kft., emphasised: their first plant in Hungary was established more than 10 years ago, and its focus has gradually shifted from volume to value.