Vitesco Technologies has officially opened its EUR100m (US$119m) Debrecen plant in Hungary.
The 7,000 square metre factory, which has been in operation since February, increases the supplier’s international presence to meet growing demand for clean propulsion solutions.
“We have created a high-tech smart factory that meets the needs of energy-efficient, green investments,” said Vitesco Technology Hungary MD, Lukas Juranek.
“In Debrecen, Vitesco Technologies not only manufactures high-quality products for clean and sustainable mobility, but also offers excellent career opportunities for employees in the region.”
For his part, Member of Parliament for the region, László Pósán, added: “Debrecen is a city that has been open to innovation for centuries, while also being tied to its traditions.
“That is why Vitesco Technologies has found an ideal partner in Debrecen, which, like Vitesco Technologies, has ambitious and forward-looking plans. The new factory offers the opportunity for employees to acquire state-of-the-art knowledge and learn about the latest technologies locally.”
Péter Szijjártó, Minister of Foreign Affairs and Trade, noted: “The automotive industry is the backbone of the Hungarian economy. This is why it is important for the government to maintain this role in the new era of the automotive industry. The new Vitesco Technologies plant in Debrecen plays a prominent role in this.”
With the opening of its new factory in Debrecen, Vitesco Technologies will create around 450 jobs in the city by mid-2022. The plant represents an investment of around EUR100m and produces automotive electronics and transmission controls.
It will also cover a range of other areas of electromobility and vehicle electrification, such as 48-volt starter generators for mild hybrids.
The plant is a member of the international RE100 initiative and uses 100% renewable electricity for its operations.