Suzuki Motor Corporation will invest HUF 76 billion (approximately EUR 190 million) in its manufacturing base in Esztergom as the Japanese automaker prepares the Hungarian plant for the production of electric vehicles and battery packs.
The investment was announced following a meeting in Budapest between Prime Minister Péter Magyar, Economy and Energy Minister István Kapitány, and Suzuki Motor Corporation Chairman and CEO Toshihiro Suzuki.
According to Kapitány, the government expects the project to go beyond expanding manufacturing capacity by increasing the participation of Hungarian suppliers, creating additional engineering and research positions and strengthening cooperation between Suzuki and Hungarian universities.
Suzuki’s Esztergom factory, the only passenger car production plant in Europe
Suzuki’s Esztergom factory remains one of Hungary’s flagship automotive manufacturing sites. The plant employs approximately 2,800 people and exports close to 90% of its production.
The Esztergom facility is Suzuki’s only passenger car production plant in Europe, manufacturing the Vitara and S-CROSS models for both domestic and international markets.
According to company data, the factory produced 108,072 vehicles in 2025, while total vehicle sales reached 109,994 units. Export sales generated approximately EUR 1.77 billion, accounting for the overwhelming majority of the company’s EUR 2.06 billion annual revenue.
The new investment builds on a series of modernisation projects completed over the past two years. In 2025, Suzuki finalised a HUF 9.3 billion factory upgrade focused on the bumper, painting and welding facilities, improving production efficiency, expanding capacity and accelerating automation.
