News

China’s Zoomlion to build factory in Hungary

Zoomlion cranes at a construction site in Shenzhen (Cnstockphotos/Dreamstime)
China’s biggest construction equipment maker has announced plans to build a 35,000 sq m smart factory making scissor and boom lifts in Hungary.

Zoomlion signed a 10-year lease with Dutch real estate company CTP, which will act as co-developer. The factory will be built near the communications hub of Tatabanya in the northwest of the country.

According to the company, the facility will be equipped with “advanced intelligent, digital, and environmentally sustainable production technologies to manufacture a wide range of high-performance, premium-quality, and low-carbon aerial work platforms”.

The company will also have a 20,000 sq m testing zone and service facilities on the site.

Wang Yongxiang, Zoomlion’s co-president, said: “We are excited to fully leverage our newly established localised factory to provide products and services to both local and European customers with greater efficiency and convenience.

“This strategic move will not only enhance our operational capabilities but also strengthen our service delivery in the region.”

  • Subscribe here to get stories about construction around the world in your inbox three times a week

Further Reading:

Story for GCR? Get in touch via email: [email protected]

Leave a comment

Your email address will not be published. Required fields are marked *

Latest articles in News