The volume of industrial production grew by 1.5% year-on-year in June. Based on working-day adjusted data production increased by 4.8%.

Sipospack Kft., a manufacturer of packaging materials based in Sóskút, will invest more than HUF 1 billion (EUR 2.5 million) in expanding its production capacities by 2024.

Airbus Helicopters officially inaugurated the new Airbus factory in Gyula. The factory currently employs 50 people but the aim is to reach 250 employees within a few years.

The development of the BudaPart quarter near the Kopaszi Dam is one-third complete. The project started in 2015 and is to be fully completed by 2030.

The Chinese automotive manufacturer NIO announced to build a battery swap station plant. The plant in Biatorbágy is the company’s first plant in Europe.

OTP Bank announced the completion of the transaction to purchase of Alpha Bank Albania. As the result of the acquisition, OTP Group further stenghtens its market position in Albania.

Delta Systems, owned by Delta Technologies Nyrt., has been approved as a NATO supplier by the Ministry of Defense.

With an investment of HUF 400 billion (around EUR 1 billion), Mercedes-Benz Manufacturing Hungary Kft. is expanding the Kecskemét plant.

Diehl Aviation Hungary Kft. built a new production hall in Nyírbátor with an investment of HUF 2.5 billion (EUR 6.1 million).

Femtonics Kft. increased its capacities in Kővágószőlős (near the city of Pécs) with an investment of HUF 915 million (EUR 2.28 million).