Tag: Hungary


Three Companies To Invest Over $320M In Hungary

September 29, 2023

Via: Business Facilities Magazine

Two automotive companies — Meleghy Automotive and GKN — will establish production sites while LEGO expands its packaging and storage operations, bringing more than $320 million in investment to Hungary. In Miskolc, Meleghy Automotive will invest $24.2 million to establish […]

Energy, Industry Focus Areas

Hungary Holds Up EU Deal to Sanction Russian Oil

May 6, 2022

Via: The Wall Street Journal

The European Union is struggling to finalize the terms of an oil embargo on Russia amid resistance by Hungary, whose leader claimed Friday that the proposed embargo would hit his economy like an atomic bomb. Prime Minister Viktor Orban has […]

Design & Planning, Industry Focus Areas, Motorized Vehicle, Process

BMW set to build new €1bn facility in Hungary

July 31, 2018

Via: Manufacturing Global

The Germany-based automotive company, BMW, has announced it is investing €1bn ($1.17bn) in a new car factory in Hungary, Reuters reports. It is hoped that the project will aid the country’s growth and help to increase its standing in the […]