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Significant amendments in the VIP Cash Grant system

Pursuant to Government Decree No. 366/2023 (VIII. 3.) on the Amendment of Government Decree No. 210/2014 (VIII. 27.) (hereinafter: Decree) on the use of the Earmarked Scheme for Investment Promotion from August 4, 2023 significant and favourable changes will be ...

2023. 08. 04.

HIPA #HIPA #Investment #Hungary #VIP cash subsidy #HIPA
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Factory Rescue Program Switches Into Active Mode

The first 25 companies have signed an incentive agreement under the Factory Rescue Program launched by the Government that aims to subsidize energy efficiency and energy generation-related investments. The total investment volume of the projects concerned amount...

2023. 07. 19.

HIPA #HIPA #Gyármentő #HIPA #Energy efficiency #Competitiveness
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BorsodChem’s Investments Strengthen Market Position and Sustainability

Key new facilities at BorsodChem Zrt.’s site in Berente have been officially inaugurated as part of developments that started in 2019. The latest projects that added major production capacities and an on-site power plant to the company’s operation were implement...

2023. 06. 30.

HIPA #HIPA #BorsodChem #EUR 400 million #Berente #Analine #Power plant
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Unilever’s Completed Two-Phase Development Paves Way To Meet Rising Demand For Years To Come

The inauguration of a fully automated high bay warehouse with increased co-pack capacity marked the completion of Unilever’s two-phase investment in a total amount of EUR 60 million in Nyírbátor, Szabolcs-Szatmár-Bereg county. Thanks to the capacity extension po...

2023. 06. 30.

HIPA #HIPA #Unilever #EUR 60 million #Nyírbátor #Capacity expansion #Warehouse capacity
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New Floor Manufacturing Plant To Put Graboplast On Growth Track

Hungarian-owned Graboplast celebrated the official opening of its brand-new SPC floor manufacturing plant worth over HUF 1.1 billion in Tatabánya. With demand rising in the modern floor covering segment, the newly installed production capacities are set to secur...

2023. 06. 29.

HIPA #HIPA #Graboplast #HUF 1.1 billion #Tatabánya #Floor manufacturing #SPC
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Global Market Leader’s Development To Help Machine Tool Industry Transition Into The Digital Era

DMG Mori Heitec Digital Kft. implements an ambitious R&D project worth over EUR 11.8 million that aims to develop a software platform thanks to which the entire production life cycle of machine tools is placed in the cloud. The investment is bound to result in a...

2023. 06. 02.

HIPA #HIPA #DMG MORI HEITEC Digital #EUR 11.8+ million #R&D #Software platform #Machine tools
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Leading Fiberboard Manufacturer To Strengthen Market Position By Large-Scale Capacity Expansion

Austrian-owned Kronospan-MOFE Hungary Kft. invests EUR 5.6 million in total to boost its high density fiberboard (HDF) production capacity in its plant located in Mohács, Baranya county, Hungary. The large-scale investment that has entered its final phase helps ...

2023. 06. 02.

HIPA #HIPA #Kronospan #MOFE #EUR 5.6 million #Mohács #high density fiberboards
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Leading Linear Motion Technology Firm To Build Its Largest European Production Site In Hungary

Chinese-owned Jiecang Linear Motion, a leading provider of linear actuator products and solutions invests EUR 60 million to set up its largest European production site in Kaposvár, located in Somogy county, Hungary. The project that is to create up to 200 jobs w...

2023. 05. 31.

HIPA #HIPA #Jiecang #EUR 60 million #NEW Jobs 200 #Linear motion technology #Kaposvár
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Leading Crane Technology Manufacturer Opens New Plant To Serve Growing Demand

German-owned Termelés-Logistic-Centrum Kft. invested HUF 21 billion to set up a new production plant in Litér, Veszprém county, Hungary, with the purpose of revving up manufacturing of steel structural components of loading and lifting equipment. The project tri...

2023. 05. 26.

HIPA #HIPA #TLC #EUR 7 million #NEW Jobs 80 #Litér #Sennebogen