# Meth Electric Transformers to build transformer plant in Nagykanizsa, Hungary

Italian company Meth Electric Transformers will build a new transformer manufacturing plant in Nagykanizsa, Hungary, with an investment of 5 billion HUF. The project will create 140 new jobs and is supported by a 290 million HUF government grant.

- Type: New facility
- Announced: 2026-02-10
- Where: Nagykanizsa, Hungary
- Value: $13.5M (5.00B HUF)
- Jobs: 140
- Status: announced
- Products: transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Meth Electric Transformers](https://endata.com/companies/90267.md)

## Sources

- [vg.hu](https://www.vg.hu/vilaggazdasag-magyar-gazdasag/2026/02/gyar-meth-csoport-nagykanizsa), 2026-02-10: "Az olasz Meth Electric Transformers 5 milliárd forintos beruházással új üzemet épít Nagykanizsán, amellyel 140 új munkahelyet teremt."

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