Five largest construction projects initiated in Europe in manufacturing plant in Q2 2022

These are the five largest factory construction projects in Europe that started in the second quarter of 2022, according to GlobalData’s construction projects database.

1. Vehicle Assembly Plant in Debrecen – $1,200m

The project includes the construction of a vehicle assembly plant with a capacity of 150,000 cars per year on a 400 ha site in Debrecen, Hungary.

Construction work started in the second quarter of 2022 and is expected to be completed in the fourth quarter of 2025.

The project aims to build both standard combustion cars and electrified models on the same line. It will create 1,000 new jobs.

2. Italian PV Giga Factory – $662m

The project includes the capacity expansion of the solar panel plant from 200 MW to 3,000 MW per year in Sicily, Italy.

Construction work started in the second quarter of 2022 and is expected to be completed in the third quarter of 2024.

The aim of the project is to produce 3,000 MW panels to generate up to 5.5 TW of electricity per year and help reduce CO2 emissions by 25 million tons in the first ten years of operation.

3. Expansion of the Timisoara EV battery factory – $226m

The project includes the construction of a 20,000 m2 EV battery factory in Timis, Romania.

Construction work started in the second quarter of 2022 and is expected to be completed in the second quarter of 2024.

The aim of the project is to expand the existing factory by building a zero energy plant and to meet the growing demand for EV batteries.

4. Kilkenny Cheese Production Factory – $211m

The project includes the construction of an 18,000 m2 cheese factory in Leinster, Ireland.

Construction work started in the second quarter of 2022 and is expected to be completed in the fourth quarter of 2024.

The project aims to produce more than 50,000 tons of continental cheese per year and deliver a world-class product to consumers.

5. Aluminum Can Production Plant in Pilsen Digital Park – $206 million

The project includes the construction of a 100,000 m . aluminum can production plant2 with two production lines on 28ha of land in Pilsen, Plzensky, Czech Republic.

Construction work started in the second quarter of 2022 and is expected to be completed in the fourth quarter of 2024.

The project aims to meet the growing demand for sustainable and recyclable beverage packaging material in the region. It will create 200 jobs,

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25 million from announcement to completion.

Verdict’s parent company GlobalData plc provides business intelligence to 4,000 of the world’s largest companies.

Leave a Comment

Your email address will not be published.