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An investment from Norsk Hydro in aluminum processing plant in Hungary

Hydro invested 88 million Euros in the construction of an aluminum processing plant in Hungary.

An investment from Norsk Hydro in aluminum processing plant in Hungary

Hydro, a Norwegian aluminum company, has begun work on a new aluminum processing plant in Szekesfehervar, Hungary.

The plant will manufacture advanced pressing alloys for the premium automotive market. The total investment will be around 88 million euros. The facility, which has an annual capacity of 90,000 tons, is expected to begin production in the first quarter of 2024, according to the most recent reports.

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