Korean battery maker to expand operations in Europe
South Korea’s Samsung SDI is set to expand its battery manufacturing operations in Hungary with a 2.37 million euro investment, according to the Hungarian government’s website on Nov. 18.
The contract indicates that Hungary’s Ministry of Foreign Affairs and Trade will support the project with a subsidy of about 346,000 euros, granted through an individually approved state-aid scheme.
The expansion builds on Samsung SDI’s growing presence in Hungary. The company opened its first battery plant in God in 2017 and followed it with a significantly larger second facility in 2019.
Construction to expand the second plant began in early 2024 and remains underway as part of Samsung’s long-term strategy to strengthen its European lithium-ion battery supply chain. Samsung’s battery production in Hungary began in 2018.
In June 2025, Samsung SDI further reinforced its commitment to the country by inaugurating a new research and development center—one of only five global R&D hubs operated by it.
The center was established in collaboration with Obuda University and the Budapest University of Technology and Economics.
Hungary has increasingly positioned itself as a competitive European base for electric-vehicle battery manufacturing.
In a recent interview with Péter Kaderják, President of the Hungarian Battery Association, he discussed Hungary’s ambitions to become a leading regional hub for cell production amid rapid growth in Europe’s electrification and mobility sectors.
