►Rheinmetall Hungary Zrt. – Investment announcement ceremony in Zalaegerszeg
Rheinmetall Hungary Zrt. announced a new investment at a ceremony in Zalaegerszeg. The project’s objective is to establish additional development and engineering capacities in order to strengthen local expertise in the field of military vehicle development in the long term.
The project is supported by the Hungarian Investment Promotion Agency (HIPA), which is funding €1.4 million. This will create around 80 additional jobs for highly qualified engineers at the Zalaegerszeg site.
Another focus is on the further development of Rheinmetall’s state- of-the-art vehicle systems, especially on the Lynx KF41 armoured fighting vehicle and the Panther KF51 main battle tank. By expanding its development and testing capacities, Zalaegerszeg will in future play an even stronger role within the international Rheinmetall network.
“In collaboration with our partners from the global Rheinmetall Group and with the support of HIPA, we will significantly increase our capacities and capabilities. This will enable us to increase Hungary’s contribution to some of the latest developments in defence technology, particularly in the field of military vehicles”, explained Paul Walf, CEO of Rheinmetall Hungary Zrt.
The investment announcement was also attended by the Hungarian Foreign and Trade Minister, Péter Szíjjártó. In his speech, he praised Rheinmetall’s decision as a milestone in the modernisation of the Hungarian defence industry and emphasised the importance of international partnerships for the country’s competitiveness.
“This investment will take us one step closer to achieving the goal outlined in the ‘Zrínyi 2026’ programme, which aims at providing our armed forces with modern equipment, manufactured domestically wherever possible”, stated Péter Szíjjártó, Hungary’s Minister of Foreign Affairs and Trade.
With this investment, Rheinmetall is continuing its strategy of growth in Hungary. The combination of international expertise and local know-how creates ideal conditions for efficiently implementing future projects and developing state-of- the-art systems in collaboration with Hungarian partners.
