Business expansion
Kozep-Magyarorszag; Kozep-Magyarorszag; Pest
Location of affected unit(s)
Water Supply; Sewerage, Waste Management And Remediation Activities
Waste Collection, Treatment And Disposal Activities; Materials Recovery
38.32 - Recovery Of Sorted Materials

160 jobs
Number of planned job creations
Job creation
Announcement Date
16 January 2024
Employment effect (start)
1 February 2024
Foreseen end date
28 February 2026


Andrada Group, a Slovenia-based firm, will establish an accumulator recycling factory in Sóskút, Central Hungary. Over two years, the production site will create 160 new jobs, according to the management.

The plant will start operating in February 2024 at a limited scale, recycling only non-toxic scrap metal. In the second phase of the development, the site will expand its operation to recycling whole accumulators. The investment cost is about €60 million. The government provides a grant of €17 million.

Originally, the management chose Alsózsolca (Northern Hungary) as a location for the factory. However, due to vocal protests on the part of the local population, primarily caused by concerns regarding the impact of the investment on the local drinking water supply, the company decided to relocate to Sóskút.



Eurofound (2024), Andrada Group, Business expansion in Hungary, factsheet number 200704, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200704.