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.

Point Marketing Kft. is building a new warehouse in Piliscsév. The investment costs amount to HUF 400 million (EUR 975,600).

In Mátranovák (Nógrád County), Alstom is investing HUF 1.3 billion (EUR 3.17 million) in producing a bogie frame for its hydrogen-powered passenger train and is hiring 100 new employees.

As Europe will most likely not have enough gas for the autumn and winter heating season, the Hungarian government declared an energy emergency and has approved a seven-point plan from August 1.