China’s Zoomlion to build factory in Hungary
27 February 2025
China’s biggest construction equipment maker has announced plans to build a 35,000 sq m smart factory making scissor and boom lifts in Hungary.
Zoomlion signed a 10-year lease with Dutch real estate company CTP, which will act as co-developer. The factory will be built near the communications hub of Tatabanya in the northwest of the country.
According to the company, the facility will be equipped with “advanced intelligent, digital, and environmentally sustainable production technologies to manufacture a wide range of high-performance, premium-quality, and low-carbon aerial work platforms”.
The company will also have a 20,000 sq m testing zone and service facilities on the site.
Wang Yongxiang, Zoomlion’s co-president, said: “We are excited to fully leverage our newly established localised factory to provide products and services to both local and European customers with greater efficiency and convenience.
“This strategic move will not only enhance our operational capabilities but also strengthen our service delivery in the region.”
Related
-
Iberdrola plans 1.32 GW pumped-hydro storage project in Portugal
28 July 2025
-
LG, Yahua Group to invest MAD 5.5 Billion in lithium refining plant in Morocco
28 July 2025
-
Jinko ESS and Solar commission 3.8 MWh energy storage system in Hungary
28 July 2025
-
Trina Storage strengthens APAC footprint with Japan-based deployment
28 July 2025
-
Saudi and Chinese firms team up for Riyadh airport terminals
27 July 2025
-
South Africa approves six solar projects totaling 1,290 MW
25 July 2025