# TDK opens EUR 70M plant in Szombathely, Hungary

TDK Hungary Components Ltd., a subsidiary of TDK Corporation, inaugurated a new plant in Szombathely, Hungary. The EUR 70 million investment will produce signal transmitters and sensors for the automotive industry, creating 250 jobs by 2026.

- Type: New facility
- Announced: 2024-05-31
- Where: Szombathely, Hungary
- Value: $76.0M (70.0M EUR)
- Jobs: 250
- Starts operating: 31 May 2024
- Status: completed
- Products: signal transmitters, sensors, automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [TDK Corporation](https://endata.com/companies/15441.md)
- [TDK Hungary Components Kft.](https://endata.com/companies/77776.md)

## Sources

- [dteurope.com](https://dteurope.com/business/tdk-opens-new-plant-in-szombathely/), 2024-05-31: "The EUR 70 million investment will create 250 new jobs until 2026"

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