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Bumchun Expands Its Salgótarján Plant

The South Korean company Bumchun has reaffirmed its commitment to Hungary. The metalworking and battery component manufacturing company is expanding its plant, built in 2019, with a new investment worth EUR 56.3 million. As part of the Salgótarján expansion, Bumchun will add four new production lines to its existing manufacturing capacity, creating 400 new jobs.

2024. 07. 23.

Electronics #Electronics #Bumchun #Salgótarján #NEW Jobs 400 #EUR 56.3 million #battery component manufacturing
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Europe’s Top AV Manufacturer Strengthens its Presence with Two New Strategic Investments

Lightware Zrt., the globally renowned Hungarian audiovisual solutions company, is expanding its footprint in the country. With two investment projects of nearly EUR 23.8 million, they are enhancing their Budapest headquarters with an R&D project and establishing a new office in Szeged dedicated to the development and support of professional audiovisual products. These investments will create a tot...

2024. 07. 15.

Electronics #Electronics #Lightware #EUR 23.8 million #AV Manufacturer #Expanded R&D activity #SSC
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TDK Has Opened Its New Plant in Szombathely

TDK Hungary Components Kft., a subsidiary of the Japanese TDK Corporation inaugurated its new plant in Szombathely. The company's operational scope will now include the production of signal transmitters and sensors, marking the first time these products have been manufactured in Europe. The EUR 70 million investment will create 250 new jobs until 2026, further establishing TDK as one of the city’s...

2024. 05. 31.

Electronics #Electronics #TDK #EUR 70 million #NEW Jobs 250 #Automotive supplier #Szombathely
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TDK’s Plant in Szombathely Basically Says Goodbye to Natural Gas Dependence Under the Factory Rescue Program

Japanese-owned TDK Hungary Components Kft. installs a new solar and heat pump system in value of HUF 3.4 billion which essentially enables the company to disconnect from the natural gas grid. The investment will be implemented from the company’s own funds and th...

2023. 12. 05.

Electronics #Electronics #TDK #Gyármentő #HUF 3.4 billion #Szombathely #Energy efficiency
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A Leading Manufacturer of Smart Electricity Meters is Setting up its Newest Production Plant and Global R&D Hub in Hungary

Chinese-owned Wasion, one of the leading global energy solution providers is investing over EUR 10.5 million to set up its new production site in Gödöllő, located in Pest county, Hungary. The R&D and manufacturing base will result in creating 300 jobs to serve E...

2023. 11. 16.

Electronics #Electronics #Wasion Holding Limited #EUR 10.5 million #smart meter #R&D #NEW Jobs 300
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Austrian Electronics Supplier To Strengthen Market Position By Investing In Győr Site

Melecs GmbH celebrated its latest development at its site in Győr by inaugurating a new production hall. The investment worth EUR 12 million includes not only the extension of the production area and capacities but also the making of new products and production-...

2023. 10. 02.

Electronics #Electronics #Melecs #EUR 12 million #120 NEW Jobs #Győr #Electronics
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Schneider Electric’s New Smart Factory To Improve Large-Scale Energy Efficiency

The groundbreaking ceremony marked the latest phase of Schneider Electric’s EUR 40 million investment in Dunavecse as a result of which a smart factory will be set up to manufacture medium voltage electrical switchgears. The project will boost supply to state-of...

2023. 03. 17.

Electronics #Electronics #Schneider Electric #EUR 40 million #NEW Jobs 500 #Dunavecse #Electrical switchgears
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NIO’s State-Of-The-Art Power Swap Station Plant Enters Manufacturing Phase

The completion of the first automatic battery pack power swap station marked the official inauguration of NIO Power Europe Kft.’s plant in Biatorbágy as a key milestone of the company’s EUR 15 million investment. The project that creates hundreds of new jobs f...

2022. 09. 16.

Electronics #Electronics #NIO #Biatorbágy #EUR 15 million #Power Swap Station #E-mobility
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OBO Bettermann Celebrates 110th Anniversary With Large-Scale Developments

An investment of EUR 49 million at its site in Bugyi, located near Budapest, is set to boost the growth of electric installation manufacturer OBO Bettermann. The German company that celebrates 110 years of operation will build a new surface treatment plant, ex...

2022. 09. 02.

Electronics #Electronics #OBO Bettermann #Bugyi #NEW Jobs 100 #EUR 49 million #Industrial installation