{"id":4428,"date":"2018-03-14T17:03:28","date_gmt":"2018-03-14T15:03:28","guid":{"rendered":"https:\/\/thyssenkrupp.hu\/hu\/further-growth-for-thyssenkrupp-in-eastern-europe\/"},"modified":"2026-07-15T10:30:51","modified_gmt":"2026-07-15T08:30:51","slug":"further-growth-for-thyssenkrupp-in-eastern-europe","status":"publish","type":"post","link":"https:\/\/thyssenkrupp.hu\/en\/further-growth-for-thyssenkrupp-in-eastern-europe\/","title":{"rendered":"Further growth for thyssenkrupp in Eastern Europe"},"content":{"rendered":"<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 12pt;\">thyssenkrupp opened a further automotive components plant in Hungary. A new production site for chassis and powertrain components has been built in J\u00e1szf\u00e9nyszaru, 70 kilometers east of Budapest, over the past months. It will produce electric power steering systems and valve train systems for German and international OEMs. thyssenkrupp invested around 100 million euros in the construction of the new plant complex. As production is ramped up, up to 500 new jobs will be created at the site in the coming months.<\/span><\/p>\n\n\n\n<figure class=\"wp-block-image alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"1200\" src=\"https:\/\/thyssenkrupp.hu\/wp-content\/uploads\/2018\/03\/Opening_ceremony_333-1.jpg\" alt=\"\" class=\"wp-image-5624\" style=\"width:200px\" srcset=\"https:\/\/thyssenkrupp.hu\/wp-content\/uploads\/2018\/03\/Opening_ceremony_333-1.jpg 800w, https:\/\/thyssenkrupp.hu\/wp-content\/uploads\/2018\/03\/Opening_ceremony_333-1-200x300.jpg 200w, https:\/\/thyssenkrupp.hu\/wp-content\/uploads\/2018\/03\/Opening_ceremony_333-1-683x1024.jpg 683w, https:\/\/thyssenkrupp.hu\/wp-content\/uploads\/2018\/03\/Opening_ceremony_333-1-768x1152.jpg 768w, https:\/\/thyssenkrupp.hu\/wp-content\/uploads\/2018\/03\/Opening_ceremony_333-1-8x12.jpg 8w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 12pt;\">\u201cIn recent years Hungary has developed into an important player for the European auto industry. Last year alone some 480,000 cars rolled off the country\u2019s production lines. Our customers are investing in new plants, and we are also looking to continue our profitable growth in Hungary. Our focus is on high-tech products such as electric steering systems and components for highly efficient internal combustion engines and electric motors,\u201d says Karsten Kroos, CEO of thyssenkrupp\u2019s Components Technology business area. A further plant for springs and stabilizers is currently being built in Hungary and is scheduled to start production later this year. New customer orders make the expansion of production capacities in Hungary necessary. Thus thyssenkrupp continues its profitable growth strategy in the components business. The division increased its order intake by 14 percent last fiscal year.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 12pt;\">thyssenkrupp\u2019s new plant in J\u00e1szf\u00e9nyszaru is the company\u2019s first in Europe to locate two different product technologies at the same site. Combining the activities will allow efficiency and cost advantages to be utilized. thyssenkrupp has already launched such combined sites successfully in China and North America in recent years.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-size: 12pt;\">thyssenkrupp currently operates an axle assembly plant and a steel service center in Gy\u0151r for automotive customers in Hungary. The company also has a software development center in Budapest creating software products for electric power steering systems and new applications for steer-by-wire and autonomous driving solutions. Overall thyssenkrupp currently employs around 1,100 people in the automotive industry in Hungary.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>thyssenkrupp opened a further automotive components plant in Hungary. A new production site for chassis and powertrain components has been built in J\u00e1szf\u00e9nyszaru, 70 kilometers east of Budapest, over the past months. It will produce electric power steering systems and valve train systems for German and international OEMs. thyssenkrupp invested around 100 million euros in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5613,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[298],"tags":[],"class_list":["post-4428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eng-news-jaszfenyszaru"],"_links":{"self":[{"href":"https:\/\/thyssenkrupp.hu\/en\/wp-json\/wp\/v2\/posts\/4428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thyssenkrupp.hu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thyssenkrupp.hu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thyssenkrupp.hu\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thyssenkrupp.hu\/en\/wp-json\/wp\/v2\/comments?post=4428"}],"version-history":[{"count":9,"href":"https:\/\/thyssenkrupp.hu\/en\/wp-json\/wp\/v2\/posts\/4428\/revisions"}],"predecessor-version":[{"id":5625,"href":"https:\/\/thyssenkrupp.hu\/en\/wp-json\/wp\/v2\/posts\/4428\/revisions\/5625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thyssenkrupp.hu\/en\/wp-json\/wp\/v2\/media\/5613"}],"wp:attachment":[{"href":"https:\/\/thyssenkrupp.hu\/en\/wp-json\/wp\/v2\/media?parent=4428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thyssenkrupp.hu\/en\/wp-json\/wp\/v2\/categories?post=4428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thyssenkrupp.hu\/en\/wp-json\/wp\/v2\/tags?post=4428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}