Lenovo is building a factory in Hungary! 1000 new jobs will be created! (With video)
A huge investment has been announced: Lenovo will build its first European factory in Hungary
Lenovo will build its first European plant in Hungary, production may begin in early 2021, said Péter Szijjártó, Minister of Foreign Affairs and Trade, at the investment's press conference in Budapest.
Péter Szijjártó stated that
THE CHINESE COMPANY'S COMPUTER MANUFACTURING PLANT WILL BE BUILT IN THE PEST COUNTY STILL FROM HUF 8.2 BILLION.
The investment is in several stages
CREATES A THOUSAND NEW JOBS
and is installing state-of-the-art technologies in Hungary, so the government will contribute HUF 2 billion to the costs, he added.
Production of computers will begin in early 2021 in the approximately 30,000-square-foot manufacturing hall. The fact that their first European direct production plant will be here in Hungary will give IT professionals and electronics engineers the opportunity to work in a world-class factory and to be at the forefront of the international IT industry. For the past seven years, Lenovo has been the market leader in personal computers and two years in tablets in Hungary, with a domestic investment they can further strengthen this market position.
Lenovo has recently achieved outstanding success in the domestic market: today, about one in three computers purchased in Hungary is a Lenovo product. Bringing the plant to Hungary will also improve the performance of Hungarian exports, Lenovo's operations in Hungary will operate with an export share of over 90%, so the more successful Lenovo will be in Hungary, the more it will increase Hungarian exports.
said the Foreign Minister.
The launch of the Hungarian plant is another milestone in Lenovo's international manufacturing and supply chain strategy, which already serves customers in 180 markets from more than 30 locations around the world, including Argentina, Brazil, China, Germany, Hungary, India, Mexico and the United States. States.
“This is an important milestone in the optimization and development of our global manufacturing capacity. It is a great pleasure for us that, based on our existing presence in Hungary, we can now get closer to European consumers with a new production plant in Hungary. Lenovo's international success is based on a global manufacturing presence and operational excellence, so we look forward to contributing to further growth with our Hungarian facility, "said Guan Wei, vice president, Lenovo International Supply Chain.
"Hungary's central location in Europe, and thus its proximity to many commercial hubs, ensures that we fulfill our customers' orders even faster and are even more efficient in terms of delivery methods and delivery times. As our company continues to grow worldwide, the new facility will play a key role in how we meet and serve the needs of our European customers and how we demonstrate to them our world-class manufacturing capabilities. " Said Lukita Anita, Managing Director of Lenovo Hungary.