• Home
• Channel: Business
• Video: GS Yuasa Opened First European Plant In Miskolc

Video: GS Yuasa Opened First European Plant In Miskolc

• 15 Oct 2019 7:56 AM

One-and-a-half year after the foundation stone laying ceremony, GS Yuasa's first factory on the European continent is now complete.

Through its EUR 28.8 million plant in Miskolc, the Japanese battery producer will supply its European automotive partners manufacturing electric vehicles (EV) with lithium-ion resources, further strengthening Hungary's position in electromobility.

MTI Photo: Vajda János

Source: 
Hungarian Investment Promotion Agency 

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• GS Yuasa Battery Plant Electric Vehicles Manufacturing

Explore More Reports

Gov’t Supports Hungarian Businesses Entering Foreign Markets, Says Orbán

• 15 May 2024 7:08 AM

A crucial component of the Hungarian government’s industrial strategy is to provide incentives to Hungarian businesses entering foreign markets, Prime Minister Viktor Orbán said at the inauguration of a MOL complex in Tiszaújváros, in north-eastern Hungary.



New Expat Director Takes Over at Mercedes-Benz Plant in Hungary

• 26 Jan 2024 5:16 AM

Jens Bühler will take up the position of director of the Mercedes-Benz plant in Kecskemét (central Hungary) in January, the company announced.



EV R&D Ahead After Hungary’s Automotive Industry Set Record Last Year: HUF 12,000 Billion Sales

• 20 Dec 2023 7:27 AM

After securing electric car manufacturing investments in the first phase of the competition for attracting such businesses, now Hungary has a good chance of attracting R and D projects in the sector as well, Péter Szijjártó, the minister of foreign affairs and trade said, announcing an investment by the German-owned Schaeffler Savaria, one of the world’s largest automotive suppliers.



LG & Magna Investment To Create New Jobs In NE Hungary

• 6 Dec 2023 6:53 AM

A consortium of South Korea’s LG and Canada’s Magna is investing 20 billion forints (EUR 52.7m) in building its first European plant turning out parts for electric cars, in Miskolc, in north-east Hungary, the foreign minister said in Budapest.