Iváncsa chosen by Yaris Kabin as the location of its first plant abroad - VIDEO REPORT

Iváncsa chosen by Yaris Kabin as the location of its first plant abroad - VIDEO REPORT

Ádám Németh, Managing Director of Yaris Kabin Hungary, Péter Szijjártó, Minister of Foreign Affairs and Trade, tibor Molnár, Major of Iváncsa and Róbert Ésik, CEO of HIPA

Yaris Kabin is going to establish its first production unit abroad in Hungary. By this investment worth EUR 20.3 million, the Turkish company will manufacture tractor and agricultural machinery cabins in Iváncsa. 150 jobs will be created in the four halls and the office building to be built on 30,000 square metres. Production is expected to start as early as at the beginning of 2021.

Founded in 1977 and still owned by the Yaris family, the headquarters and centre of the company is in Balikesir, Turkey. Yaris Kabin mainly manufactures cabins for loaders, tractors, excavators, and sprayers. Apart from this, it manufactures tools and performs metal sheet and profile processing, welding, painting, assembly and research and development activities. The cabin production capacity in Turkey is currently 70,000 pieces per year, representing a market share of 70% in Turkey, and exporting to countries on four continents, too. Yaris Kabin's references include TürkTraktor, Hidromek, Basak, Hitachi and Hattat, but the company is also an official supplier to Fiat.

Yaris Kabin will create 150 jobs in the first foreign unit to be built in Iváncsa as part of an investment worth more than EUR 20 million. The new plant will produce tractor and earthmoving machinery cabins in four halls, starting at the beginning of 2021, that is, within a year from now.