2021. 07. 15
Sangsin Hungary Ltd., a manufacturer of battery components, invests HUF 10.5 bn to ex-pand its plant in Jászberény
The project is implemented by Grabarics Building Construction Ltd. The government contributes HUF 3.15 bn to support the investment envisaged to create 150 jobs in Jászberény. In retrospect, the Sangsin plant expansion is the 30th project of this kind completed in Hungary and it is not the first one initiated from South Korea.
Among others, the project's importance lies in the increasing certainty of an assumption, namely that e-transport will develop as one of the driving forces behind the post-crisis revival of the economy, explained Péter Szíjjártó, minister of foreign affairs and trade, during a press conference organized to announce the investment. On that occasion, the managing director of Sangsin Hungary appreciated the investment environment, adding that also other South Korean companies will be encouraged to start business in Hungary. Cho Beom Hee emphasized the local availability of skilled labour and the favorable geographic location of Hungary, two factors that facilitate getting involved in the European automotive industry. Sangsin's commitment is indicated by its willingness to expand its manufacturing and warehousing capacity in Jászberény in the current period of crisis.
- Dun & Bradstreet, the international provider of business information and company ratings classifies the financial stability and business reliability of all enterprises based on a proven system, that has been designed by international experts, and whose operation is consistently measured. This is how our company, Grabarics Kft. has been chosen as one of the enterprises with the steadiest financial standing.
- The comprehensive renovation and expansion of the Buda Order of Mercy Hospital was successfully completed in February 2026. The general contractor for the project was Grabarics Építőipari Kft., which, throughout the entire construction process, demonstrated outstanding professional expertise in harmonizing modern healthcare infrastructure with the historic surroundings.
- The development of the Dreher Breweries has reached another spectacular milestone: we have reached the highest point of the buildings, which we celebrated with a topping-out ceremony in keeping with tradition.
- Grabarics Kft. is participating as the general contractor in the Bazalt III project at ROCKWOOL’s Tapolca site, which involves the comprehensive development and renovation of the existing office, workshop, and warehouse areas. The project is scheduled for completion, with technical handover set to begin, in the third quarter of 2026.
- Weinberg '93 Ltd. and GRABARICS Ltd. won the consortium tender for the expansion of Dreher Breweries in 2024. A unique investment in the Hungarian beer industry is underway at the historic Dreher Brewery, with the aim of modernizing the brewery's technology. The first phase involves the construction of a new cellar and energy block, with the general contractor's work already well underway.
