# BorgWarner and Jabil announce state-subsidized investments in Hungary

BorgWarner will invest HUF 10.9 billion (two projects: HUF 6.6 billion and HUF 4.3 billion) and Jabil over HUF 1 billion in Oroszlány and Tiszaújváros, Hungary, supported by a HUF 4.4 billion government subsidy, protecting 5,300 jobs and creating 200 new positions.

- Type: Investment
- Announced: 2021-01-31
- Where: Oroszlány and Tiszaújváros, Hungary
- Value: $40.0M (12.0B HUF)
- Jobs: 200
- Status: announced
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BorgWarner](https://endata.com/companies/751.md)
- [Jabil](https://endata.com/companies/1600.md)

## Sources

- [autopro.hu](https://autopro.hu/en/news/borgwarner-and-jabil-announce-state-subsidized-investment-projects-in-hungary/462903/), 2021-01-31: "BorgWarner will carry out two investments, one with HUF 6.6 billion, the other with HUF 4.3 billion, while Jabil are spending more than HUF 1 billion on development."

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