# GE Vernova invests EUR 23.9M in capacity expansion at Hungary plant

GE Vernova will invest 9.5 billion forints (EUR 23.9 million) in a capacity expansion and renewable energy upgrade at its Veresegyház, Hungary facility, with state support of 2.8 billion forints (EUR 7 million). The project includes modernizing production lines, introducing new precision machines, and installing solar panels.

- Type: Expansion
- Announced: 2025-08-04
- Where: Veresegyház, Hungary, Hungary
- Value: $26.0M (23.9M EUR)
- Status: announced
- Products: gas turbine components, small and medium-sized power plants
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE Vernova](https://endata.com/companies/2947.md)

## Sources

- [ceenergynews.com](https://ceenergynews.com/oil-gas/ge-vernova-capacity-hungary/), 2025-08-04: "US-owned gas turbine maker GE Vernova will invest 9.5 billion forints (23.9 million euros) in a capacity expansion and renewable energy upgrade at its base in Veresegyház, Hungary."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.