Lenovo announced the opening of its first in-house manufacturing plant in Europe. The factory, based in Ullo, Hungary, specializes in server infrastructure, storage systems and high-end PC workstations for clients across Europe, the Middle East and Africa.
The investment will have substantial economic implications for both the private and public sectors in Hungary. The plant creates jobs, manufacturing capacity and opportunities for local vendors. Over 1,000 full-time engineers, managers and operators work on-site. The number is expected to grow as the plant approaches full capacity.
Manufacturing milestone for Lenovo
Hungary was an obvious choice for Lenovo due to its physical infrastructure and central position in Europe. Lenovo’s investment also benefited from local government incentives from the Hungarian Investment Promotion Agency (HIPA).
Francois Bornibus, Senior Vice President and EMEA President at Lenovo, said that with the company’s Hungary factory operating at full capacity, it will hit a major milestone in its worldwide manufacturing development. Róbert Ésik, CEO of the Hungarian Investment Promotion Agency (HIPA), expressed delight that Lenovo chose to cooperate with the agency to locate the facility.
Hungary’s favourable position in Europe
Because of Hungary’s well-connected position, Bornibus said the company is significantly closer to its European consumers, allowing it to meet and fulfil their demands. According to Bornibus, his new facility will play a major part in Lenovo’s ambitions to secure continued success and offer more intelligent technology to Europe.
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