Thyssenkrupp Inaugurates HUF 1.8 bln Szeged Office

Automotive

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Thyssenkrupp Automotive Technology Hungary yesterday inaugurated a HUF 1.8 billion engineering office in Szeged (170 km southeast of Budapest) that will develop electro-mechanical steering systems, according to autopro.hu. 

HR director Dóra Tagai said the office would join Thyssenkrupp Automotive Technology Hungary's electric and electronics development centers in the capital and Veszprém (115 km southwest of Budapest), where 1,200 engineers work. 

The company wants to add "several hundred" engineers to its staff in the coming three years, she added. István Joó, who heads the Hungarian Investment Promotion Agency, said the government supported the investment with a HUF 460 million grant.

Thyssenkrupp is expanding its R&D activities in Hungary, hiring 65 new engineers at several locations, he added. 

Thyssenkrupp Automotive Technology employs around 2,700 people in Hungary. It had net sales revenue of HUF 225 bln in its business year that ended Sep. 30, 2021, according to public records.

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