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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Vitesco Technologies opens automotive electronics plant in Debrecen, Hungary · Endata

◂ Announcements

Jun 28, 2021NEW FACILITYDebrecen, Hungary

Vitesco Technologies opens automotive electronics plant in Debrecen, Hungary

Vitesco Technologies has established a 7,000 sqm automotive-electronics manufacturing plant in Debrecen, Hungary, with a greenfield investment of over EUR 116.6 million, creating 450 jobs. The plant will produce transmission control units and other automotive electronics.

Value

$138.0M (116.6M EUR)

Jobs

450

Status

Completed

Productstransmission control unitsautomotive electronics48 Volt belt starter generators

CompaniesVitesco Technologies

Sectors#Automotive Components

“Vitesco Technologies, which was formed by the transformation of the Powertrain division of Continental, established a 7,000 sqm automotive-electronics manufacturing plant in Debrecen, E Hungary with a greenfield investment.”dteurope.com

1 source
dteurope.comVitesco Greenfield Investment in Debrecen | Diplomacy & TradeD&ampJun 28, 2021

Summarized from public sources; check the original articles before acting on it.

More from Vitesco Technologies

Nov 27, 2023ACQUISITIONHerzogenaurach, Germany
Schaeffler signs business combination agreement to acquire Vitesco Technologies
Schaeffler acquirer Vitesco Technologies target schaeffler.com
May 19, 2021ACQUISITIONFaulquemont, France
ActBlue acquires SCR systems business unit from Vitesco Technologies
Continental partner Vitesco Technologies target luther-lawfirm.com
Mar 24, 2021CONTRACTMilpitas, California, United States$118.0M
Vitesco Technologies wins €100M+ contract for 800V SiC inverters from Hyundai
Vitesco Technologies Hyundai Motor Company customer vision-mobility.de autonews.com theevreport.com
Mar 24, 2021CONTRACT$118.0M
Vitesco Technologies to supply 800-volt SiC inverters to Hyundai Motor Group
Hyundai Motor Company customer Vitesco Technologies supplier just-auto.com endata.com
Feb 26, 2021NEW FACILITYDebrecen, Hungary$120.0M450 jobsops 26 Feb 2021
Vitesco Technologies opens electric drive plant in Debrecen, Hungary
Vitesco Technologies electrive.com autopro.hu
Jan 7, 2021CONTRACTFrance$120.0M
Vitesco Technologies supplies actuator module to Renault for hybrid transmissions
Vitesco Technologies supplier Renault customer industrysourcing.com

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