Rheinmetall has started building a new plant in Szeged, southern Hungary, that will be a production centre for both military and civilian products, thus expanding the company’s footprint in both Hungary and the EU as a whole.
A ground-breaking ceremony for the site was held on 26 March 2024 and attended by several prominent guests, including Hungarian Defence Minister Kristóf Szalay-Bobrovniczky, Mayor of Szeged Dr László Botka, Managing Director of the ELI-ALPS research institute Professor Gábor Szabó, Chancellor of the University of Szeged Dr Judit Fendler, Hungarian MP Milhálffy Béla and CEO of Rheinmetall’s Power Systems division Christoph Müller.
The new plant is Rheinmetall’s first major hybrid site, where the group’s civil business and defence technology activities will be united under one roof. The site, which is scheduled to go into operation in August 2025, is part of Rheinmetall’s Power Systems division.
A plant with a floor area of 15,000 m2 is to be built on an area of 85,000 m2 in the first industrialisation step, with up to 300 highly qualified jobs will be created. The total investment in the site is valued at EUR 63 million.
The Rheinmetall site in Szeged will primarily manufacture products for the group’s Automotive business unit, including electrical components such as nanostructure capacitors, as well as products for the use of hydrogen in mobility and energy generation. In addition, around 10% of the production area is planned for goods from the military business of Rheinmetall’s Electronic Solutions division.
The Szeged location will be Rheinmetall’s fourth in Hungary, adding to sites in Budapest, Zalaegerszeg and Várpalota.
