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Zoomlion to Establish Smart Factory in Hungary

On February 21, 2025, Zoomlion Heavy Industry Science & Technology Co., Ltd. (commonly referred to as Zoomlion) made a significant announcement regarding its future operations in Europe. The company has officially revealed plans to establish a cutting-edge factory for aerial work platforms in Hungary. This ambitious project was solidified through an agreement signed just a day earlier, on February 20, and was introduced during a press conference hosted by Hungary's Minister of Foreign Affairs and Trade.

Strategic Location in Tatabánya

The factory is strategically located in Tatabánya, a city that serves as a critical juncture for major highway networks in the region. This advantageous position is set to enhance connectivity between the significant logistics routes that run through Eastern and Western Europe. With the factory's establishment, Zoomlion aims to solidify its footprint in the aerial work platform sector across Europe, significantly bolstering its operational capabilities in the region.

Covering approximately 250 mu (around 41.18 acres), the new facility will be developed in collaboration with the CTP Group. This factory will be equipped with advanced intelligent, digital, and eco-friendly production technologies, allowing for the manufacturing of a wide array of high-performance, quality, and low-carbon aerial work platforms. By leveraging state-of-the-art production methods, the facility promises to better serve both local and European markets.

Economic Impact and Job Creation

The commencement of operations at this facility is projected to create around 800 jobs in the local community, contributing positively to economic growth and employment in the region. This initiative will also foster partnerships with local supply chain partners, enhancing synergy with local businesses, and actively promoting a cooperative local industrial ecosystem. Through this integrated approach, Zoomlion is committed to contributing to Hungary’s economic and social development.

In recent years, Zoomlion has been actively driving its global business strategy, adopting a