Bamo Technology Hungary Kft is building a high-tech and environmentally conscious factory in Komárom-Esztergom county. The HUF 520 billion mega-investment could mark the beginning of a new era for Ács and the surrounding settlements, as the town will receive unprecedented tax revenues once production starts in 2026.
A project that is a gigafuture in global terms project has been announced there has been a lot of untrue information and fake news, especially on social media. We confronted Ferenc Fülöp, Public Relations Director of Bamo Technology Hungary Kft., a member of the Huayou Group, with these.
– Minister of Foreign Affairs and Trade Péter Szijjártó said that the decision was the result of almost two years of preparatory work. Why Hungary? Why Ács?
– We are building our first factory in Europe. We are treating this project as a flagship, a showcase investment. Accordingly, the location of the development was a key consideration. Many different aspects had to be taken into account, analysed and weighed up. Of course, it was crucial to be as close as possible to the companies that use our products, minimising the transport distance, in the spirit of our company’s environmental awareness.
I believe that Ács is an excellent place where we can achieve our goals and contribute to the spectacular development of the town and the surrounding area, and to improving the quality of life of the local people.
Bamo Technology Hungary Ltd. is a business, but the well-being of our people and employees in China is of paramount importance to us. We think the same way in Ács, the safety and health of the people living here is very important to us.
– István Szentirmai, mayor of Ács, did not reveal any details before the official announcement, citing your business interests. What was the real reason for the secrecy?
– All EU mega-investments are made according to very clear and strict rules, which must be respected. One of these rules is that the investor must compete with several countries and that confidentiality is mandatory until the formal announcement. This also coincides with the rules of our listed parent company. So, in fact, we have acted in line with European Union regulations.
– In Hungary, the perception of battery production is, to put it mildly, rather controversial. People think of practically everything that has to do with batteries as battery production. What exactly will happen at the plant in Acs?
– The cathode production process of today’s known technologies uses state-of-the-art technology; its emission impact and pollutant emissions are no more significant than, for example, those of a pharmaceutical manufacturing process.
Our technology is completely closed-loop, the raw materials used are sourced, transported and stored in full compliance with EU and Hungarian standards. The product is manufactured on the most advanced automated production lines in the world. Importantly, cathode production is completely different from battery production, both in terms of the process and the end product.
– Carpenters are disappointed because they feel that no one has consulted them about whether they want this factory, and they fear for the future of their children and grandchildren. Do you think you will be able to convince them, allay their fears and get the majority in favour of the investment?
– I really hope so. We see the people of Asch and the surrounding area as partners and potential employees. We believe it is important to keep people accurately informed, to be transparent and to engage in constructive dialogue.
Cathode factories operate in Europe, from Germany to Poland and Sweden. What’s more, our technology is the most modern and safest.
– At the time of the announcement, it was announced that the factory would be in production by 2026. What will happen until then, what can we know about the programme for the coming weeks and months?
– Very briefly, design, licensing, construction and trial production. The design can take up to six months, because not only do you have to draw the halls, but all the equipment and technology to be used must be included in great detail. Once all this is done, the licensing process begins. All you need to do is
Hungarian rules are stricter than EU rules and we are of course working to meet both to the maximum. Our aim is to prove, as a showcase investment, that it is possible to operate a cathode plant along green values.
The factory will use large amounts of renewable energy. This is also an expectation of end-user car manufacturers. The ‘supervision’ of BMW, VW and other European car manufacturers, alongside the Hungarian authorities’ control, is a strong guarantee of safety for all. I am sure that by the time production starts, we will have dispelled all doubts and we will have a factory that will be our common pride, possibly including a solar park, units for recycling production waste water and units for collecting and purifying rainwater.
Source : www.kemma.hu