Hungarian Investment Promotion Agency

The BMW Group's iFactory plans are well on track, achieving a major milestone with the inauguration of the Training Center—a facility constructed on-site as part of the ongoing over EUR 2 billion project. With cutting-edge infrastructure at its disposal, the nea...

2023. 10. 30.

AiMotive Informatikai Kft., that has been a Stellantis member company since last year, has embarked on a EUR 55 million R&D project to develop an artificial intelligence platform that will provide Level 3 self-driving capabilities for all car models produced by ...

2023. 10. 30.

Not less than three new large-scale R&D projects have been announced by Continental to further strengthen its Hungarian operation. The investments worth EUR 47.6 million will create 280 new jobs in total thru 2024, and they are aimed at developing solutions in t...

2023. 10. 26.

German-owned thyssenkrupp’s story in Hungary has reached another key milestone: the topping out ceremony of its capacity expansion marks the latest stage of the company’s journey on Hungarian soil. The EUR 58 million investment that enables thyssenkrupp to produ...

2023. 10. 02.

German-owned Meleghy Automotive implements a EUR 22.9 million investment in Miskolc with the aim of establishing production capacities in Hungary. The project of the premium automotive supplier will create 55 new jobs.

2023. 09. 28.

The 2023 edition of IAA Mobility, the world’s largest mobility event in Munich was as grandiose as expected, and legacy brands and newcomers alike made it clear where the industry is headed: whilst cars are turning into our living room, everything revolves aroun...

2023. 09. 14.

Switzerland-based Stadler Group announced to expand its rail car body manufacturing capacity with an investment of EUR 45.2 million in Szolnok. The project is set to create 173 new jobs.

2023. 09. 12.

Audi Hungaria Ahead Kft. is launching a broad-based knowledge enhancement training project that will enable around 500 employees to expand their competences in various fields over the next two years. The program will cost EUR 4 million.

2023. 09. 12.

As a result of a EUR 15 million greenfield investment, PEX Automotive Systems Kft. and Baolong Holdings Europe Kft. set up a new production site in Szigetszentmiklós that has now been officially inaugurated. Apart from manufacturing the traditional products of t...

2023. 09. 11.