#Zoomlion #Hungary #Aerial Work Platforms #Tatabánya

Zoomlion to Establish Smart Factory for Aerial Work Platforms in Hungary

On February 21, 2025, the prominent machinery manufacturer Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) made headlines by announcing its plans to construct a state-of-the-art smart factory in Hungary focused on aerial work platforms. The announcement came during a press conference attended by Hungary's Minister of Foreign Affairs and Trade, showcasing not only the significance of the project but also Zoomlion's commitment to expanding its presence in the European market.

Strategic Location and Development Plans

The installation will be strategically situated in Tatabánya, a pivotal area that connects essential highway networks in Eastern and Western Europe. This location is expected to serve as a crucial link for logistics routes that facilitate the transportation of goods across the continent. With an anticipated total area of approximately 250 mu (around 41.18 acres), the new facility will be a joint venture between Zoomlion and CTP Group, a key player in the region's industrial development.

The factory is designed to be equipped with cutting-edge intelligent, digital, and environmentally sustainable production technologies. This sophisticated setup will enable the manufacturing of a diverse range of high-performance, premium-quality, and low-carbon aerial work platforms. The utilization of advanced production processes is expected to enhance Zoomlion's efficiency, allowing for greater responsiveness to the needs of both local and broader European markets.

Economic Benefits and Job Creation

One of the significant impacts this initiative promises is the creation of around 800 job opportunities locally. This development is set to stimulate the regional economy and provide prospects for employment within the community. By fostering collaboration with local supply chain partners and enhancing synergies with domestic businesses, Zoomlion aims to develop a localized industrial ecosystem. This approach is not only beneficial for the company but also contributes positively to Hungary's overall economic and social landscape.

In recent years, Zoomlion has actively pursued a global business expansion strategy, emphasizing a 'global village' mindset. This approach is complemented by localized operational initiatives that allow the company to adapt to market demands effectively. With ten established overseas R&D and manufacturing bases, Zoomlion has seen its products enter over 150 countries, resulting in more than 50% of its revenue now derived from international markets.

A message from Leadership

Zhan Chunxin, Chairman and CEO of Zoomlion, expressed gratitude to all stakeholders involved in this ambitious project, reinforcing the company’s commitment to executing the investment strategy efficiently. It is expected that the factory will be operational by the end of the year, marking a significant milestone in Zoomlion's endeavors to enhance its manufacturing capacity in Europe.

This venture not only highlights Zoomlion's growth objectives but also signifies a step forward in establishing a robust manufacturing presence within Hungary, aligning with the country’s economic development goals. As the project progresses, local communities and businesses are sure to benefit from the economic activity and job opportunities it promises to deliver.

The establishment of this smart factory represents a bright future for aerial work platform production in Europe, as Zoomlion continuously strives to innovate and lead in the heavy machinery sector while contributing to sustainable industrial practices.