Hungary

Deals/Contracts/Partnerships

EIIR Provider Solutions/Capabalities

• 1

  NIX United Extends Its Presence in Europe With a New Office in Budapest, Hungary

  Q2(Apr-May-Jun), 2022

• 2

  HCL Technologies has agreed to acquire Budapest-based Starschema for $42.5 million to bolster its data engineering services and presence in Central and Eastern Europe.

  Q1(Jan-Feb-Mar), 2022

EIIR Buyer GIC/R&D Best Practices/Solutions

• 1

  Bosch expands in Hungary, creating 200 new jobs related to autonomous driving, e-mobility and artificial intelligence.

  Q3(Jul-Aug-Sep), 2022

• 2

  Huawei to set up R&D center in Budapest. The new R&D center will focus on artificial intelligence, streaming, image processing, and signaling technologies, as well as extremely large distribution systems.

  Q4(Oct-Nov-Dec), 2020

• 3

  MOL Group has opened a new polyol research and development (R&D) center in Százhalombatta, Hungary, to develop polyol products that meet the needs of customers.

  Q4(Oct-Nov-Dec), 2020

Other News

• 1

  NIO?s First European Power Plant to Commence Operation in Hungary. It will serve as the manufacturing, service and R&D centre for its power products in Europe.

  Q3(Jul-Aug-Sep), 2022

• 2

  CATL announces its second European battery plant in Hungary

  Q3(Jul-Aug-Sep), 2022

• 3

  Hungary’s Magyar Telekom Selects Amdocs to Modernize its Business Support Systems

  Q3(Jul-Aug-Sep), 2021

• 4

  Schaeffler opens new e-mobility plant built to the very latest standards of sustainability

  Q3(Jul-Aug-Sep), 2021

• 5

  Cisco to acquire Banzai Cloud a cloud native firm based out of Hungary.

  Q4(Oct-Nov-Dec), 2020

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