Business expansion
Alfod es Eszak; Eszak-Magyarorszag; Heves
Location of affected unit(s)
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

150 jobs
Number of planned job creations
Job creation
Announcement Date
17 January 2007
Employment effect (start)
Foreseen end date


The american manufacturer of heat transfer products, Modine Manufacturing Company, is to build a new 8000 sq metre plant in Füzesabony, North Hungary. The production of aluminium heat transfer products for trucks is expected to start in the second quarter of 2008. The Greenfield Investment is in the value of 12 million USD. There are plans to build the capacity of the facility as a result of which the unit may employ as many as 150 employees by the first years of the next decade. The new plant will belong to Modine Hungária Gépjárműtechnikai Kft., the hungarian subsidiary of the american company, but it will establish itself as an independent profit-centre. In the company's other hungarian unit in Mezőkövesd, also in North Hungary, employing 334, cooling modules are produced for MAN, Iveco, Volvo, ZF-nek, Voith, and DaimlerChrysler.


  • 17 January 2007: Népszabadság


Eurofound (2007), Modine Hungária Gépjárműtechnikai Kft., Business expansion in Hungary, factsheet number 65533, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65533.