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Schneider Electric scales up manufacturing in Hungary with latest expansion

Schneider Electric is expanding its Duna Smart Power Systems (DSPS) smart factory in Dunavecse, Hungary, with a new 18,000-square-metre facility supported by an additional €44 million investment. 

Rheinmetall hands over first Lynx infantry fighting vehicle to NATO member Hungary

Rheinmetall has delivered the first of 218 Lynx Infantry Fighting Vehicles to the Hungarian armed forces, with Australia securing an export contract for Australian-made Lance Turret to be included in the program.

Alcoa opens expanded wheels manufacturing plant in Hungary

Leading lightweight metals manufacturer Alcoa has officially opened its expanded wheels manufacturing plant in Hungary which will see the company double the capacity to produce...

Alcoa expands wheel manufacturing plant in Hungary to meet European demand

Aluminum giant Alcoa is expanding its wheel manufacturing plant in Hungary through a US$13 million investment that would help the company meet growing demand for...
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Energy price volatility has become a structural feature of modern electricity markets rather than a temporary disruption. For energy-intensive manufacturers and large commercial operators, fluctuating wholesale prices are reshaping how energy costs are managed, making reactive approaches increasingly inadequate.