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).

Knorr- Bremse produces the first Digital Automatic Coupler (DAC) prototypes at its Budapest plant. The technology will enable automated features and smart digital services for rail freight.

Vajda-Papír Kft. handed over a new factory in Dunaföldvár with an investment of HUF 16 billion (EUR 40 million). The government funded the development with HUF 5.5 billion (EUR 13.8 million).

Panattoni, Europe’s largest deployer of institutional capital and developer in the industrial and logistics real estate sector, has started the first speculative logistics project in Hungary.