Another investment related to battery production in Hungary - VIDEO REPORT

Another investment related to battery production in Hungary - VIDEO REPORT

2020. 12. 14.

Iljin Materials

South Korea's Iljin Materials will establish its first European production unit in Hungary, where copper thin foil will be produced for batteries of electric cars. The investment, worth more than EUR 11 million, will be implemented in Gödöllő and the plant will deliver to Samsung SDI and LG Chem, among others.

>

Iljin Materials is the world leader in the production of so-called Elecfoil used in secondary lithium-ion batteries and IT devices. Elecfoil is a copper foil with a thickness of less than 10 micrometers, which is used, for example, in batteries for electric vehicles. Its biggest customers include Samsung SDI, SK, BYD and LG Chem.

As part of the investment in Gödöllő, a 5,000-square-metre production hall with a monthly capacity of 320 tons will be built. The process planned here is the last phase of the processing of the copper foil, namely its cutting.

Sector articles

N
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, Bum...

2024. 07. 23.

Electronics #Electronics #Bumchun #Salgótarján #NEW Jobs 400 #EUR 56.3 million #battery component manufacturing
N
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...

2024. 07. 15.

Electronics #Electronics #Lightware #EUR 23.8 million #AV Manufacturer #Expanded R&D activity #SSC
N
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 bee...

2024. 05. 31.

Electronics #Electronics #TDK #EUR 70 million #NEW Jobs 250 #Automotive supplier #Szombathely