In the press

"Thyssenkruppʼs automobile industry branch celebrated its 20th anniversary in Hungary last week, with the firm now employing some 2,200 people in Hungary, the company tells the Budapest Business Journal."

Thyssenkrupp’s automotive branch celebrates 20 years in Hungary - bbj.hu

"Germanyʼs thyssenkrupp is moving its Budapest automotive industry development centre to a bigger base in the capital and adding more staff, the business told state news wire MTI."

Thyssenkrupp moves Budapest competence center - bbj.hu

„Germanyʼs Thyssenkrupp is building a HUF 17.4 billion camshaft plant in Pécs (SW Hungary), Minister of Foreign Affairs and Trade Péter Szijjártó  announced in Budapest last Friday. The city will host the firmʼs fifth location in Hungary.”

Thyssenkrupp building camshaft plant in Pécs - bbj.hu

„A HUF 33.5 billion automotive parts plant in Jászfényszaru, 72 kilometers east of Budapest, was inaugurated by Thyssenkrupp Components Technology last Friday. The investment, which will create about 500 jobs by 2019, was supported with a grant of more than HUF 10.5 bln from the government.”

Thyssenkrupp plant inaugurated with Hungarian government grant - bbj.hu

„Hungary is also unique in that it fits ThyssenKrupp’s criteria for the production facility as well as the company’s separate criteria for its development center many years ago. In this case, Hungary satisfies the company’s requirements for comparatively low cost production, while at the same time offering highly educated and skilled engineers required for the development center. And, it should be noted that Hungary satisfied these two sets of criteria independently, one did not have a heavy influence on the decision of the other.”

Uniting research and production in Hungary - bbj.hu

„Replacing humans, their perception, senses and reactions by machine takes a lot of effort, but in fact, the technology to relieve drivers of their duties has already been around for a while.”

Steering Toward a Safer, Driverless Future - bbj.hu

„Once finished, the 18,000 sqm factory will be turning out springs and stabilizers for the automotive industry. ThyssenKrupp expects to start production next year, with a turnout of more than six million products.”

thyssenkrupp starts work on HUF 11 bln plant - bbj.hu


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