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Sep 26, 2025
Top Singaporean Company to Build First High-Tech European Plant in Hungary
Sep 26, 2025
Top Singaporean Company to Build First High-Tech European Plant in Hungary
Sep 26, 2025
Top Singaporean Company to Build First High-Tech European Plant in Hungary
The parent company of Radiant Ridge Energy, Vulcan Shield Global, will establish a high-tech factory in Békéscsaba by 2033, a 280 billion HUF investment creating 2,500 jobs in what local officials describe as a historic milestone. The plant will be the company’s first in Europe. Local leaders hailed the project as the biggest in the county’s history, while the Hungarian government pledged 49 billion HUF support for the high-tech factory.
The sister company of Radiant Ridge Energy, Vulcan Shield Global, will establish a high-tech factory in Békéscsaba by 2033, a 280 billion HUF investment creating 2,500 jobs in what local officials describe as a historic milestone. The plant will be the company’s first in Europe. Local leaders hailed the project as the biggest in the county’s history, while the Hungarian government pledged 49 billion HUF support for the high-tech factory.
The sister company of Radiant Ridge Energy, Vulcan Shield Global, will establish a high-tech factory in Békéscsaba by 2033, a 280 billion HUF investment creating 2,500 jobs in what local officials describe as a historic milestone. The plant will be the company’s first in Europe. Local leaders hailed the project as the biggest in the county’s history, while the Hungarian government pledged 49 billion HUF support for the high-tech factory.
County governor Árpád Takács hailed the investment as a ‘historic moment’, while Szarvas Péter, mayor of Békéscsaba (Hajrá Békéscsaba Association), called it a ‘red-letter day’—the largest investment ever made in both the city and the county. Both pledged full support for the greenfield development.
Vulcan Shield Global Pte Ltd, headquartered in Singapore and operating in Guangxi Province, manufactures high-tech insulating materials capable of withstanding temperatures of up to 1,600 degrees Celsius. The company is regarded as a world market leader in the field, and the Békéscsaba facility will be its first foothold on the European continent.
The 280 billion HUF project will be rolled out in two phases. The first two facilities, scheduled for completion by 2029, will employ 1,200 people. Once the entire complex is finished in 2033, it will cover 140,000 square metres of production space, producing 10,000 tonnes of insulating products annually with a workforce of 2,500.
The Hungarian government is supporting the investment with 49 billion HUF.
For more information about Radiant Ridge Energy's renewable energy solutions and project capabilities, contact our business development team.
County governor Árpád Takács hailed the investment as a ‘historic moment’, while Szarvas Péter, mayor of Békéscsaba (Hajrá Békéscsaba Association), called it a ‘red-letter day’—the largest investment ever made in both the city and the county. Both pledged full support for the greenfield development.
Vulcan Shield Global Pte Ltd, headquartered in Singapore and operating in Guangxi Province, manufactures high-tech insulating materials capable of withstanding temperatures of up to 1,600 degrees Celsius. The company is regarded as a world market leader in the field, and the Békéscsaba facility will be its first foothold on the European continent.
The 280 billion HUF project will be rolled out in two phases. The first two facilities, scheduled for completion by 2029, will employ 1,200 people. Once the entire complex is finished in 2033, it will cover 140,000 square metres of production space, producing 10,000 tonnes of insulating products annually with a workforce of 2,500.
The Hungarian government is supporting the investment with 49 billion HUF.
For more information about Radiant Ridge Energy's renewable energy solutions and project capabilities, contact our business development team.
County governor Árpád Takács hailed the investment as a ‘historic moment’, while Szarvas Péter, mayor of Békéscsaba (Hajrá Békéscsaba Association), called it a ‘red-letter day’—the largest investment ever made in both the city and the county. Both pledged full support for the greenfield development.
Vulcan Shield Global Pte Ltd, headquartered in Singapore and operating in Guangxi Province, manufactures high-tech insulating materials capable of withstanding temperatures of up to 1,600 degrees Celsius. The company is regarded as a world market leader in the field, and the Békéscsaba facility will be its first foothold on the European continent.
The 280 billion HUF project will be rolled out in two phases. The first two facilities, scheduled for completion by 2029, will employ 1,200 people. Once the entire complex is finished in 2033, it will cover 140,000 square metres of production space, producing 10,000 tonnes of insulating products annually with a workforce of 2,500.
The Hungarian government is supporting the investment with 49 billion HUF.
For more information about Radiant Ridge Energy's renewable energy solutions and project capabilities, contact our business development team.
Company Updates & Latest News
Official announcements related to Radiant Ridge Energy’s development activities, partnerships, and corporate milestones.
Company Updates & Latest News
Official announcements related to Radiant Ridge Energy’s development activities, partnerships, and corporate milestones.
Company Updates & Latest News
Official announcements related to Radiant Ridge Energy’s development activities, partnerships, and corporate milestones.
Nov 25, 2025
Radiant Ridge Energy Secures 60MW Natural Gas Supply Agreement in British Columbia
2 min read
Radiant Ridge Energy Ltd., a leading power developer specializing in natural gas…
Learn More
Sep 26, 2025
Top Singaporean Company to Build First High-Tech European Plant in Hungary
1 min read
The sister company of Radiant Ridge Energy, Vulcan Shield Global, will establish a high-tech…
Learn More
Nov 25, 2025
Radiant Ridge Energy Secures 60MW Natural Gas Supply Agreement in British Columbia
2 min read
Radiant Ridge Energy Ltd., a leading power developer specializing in natural gas…
Learn More
Sep 26, 2025
Top Singaporean Company to Build First High-Tech European Plant in Hungary
1 min read
The sister company of Radiant Ridge Energy, Vulcan Shield Global, will establish a high-tech…
Learn More
Nov 25, 2025
Radiant Ridge Energy Secures 60MW Natural Gas Supply Agreement in British Columbia
2 min read
Radiant Ridge Energy Ltd., a leading power developer specializing in natural gas…
Learn More
Sep 26, 2025
Top Singaporean Company to Build First High-Tech European Plant in Hungary
1 min read
The sister company of Radiant Ridge Energy, Vulcan Shield Global, will establish a high-tech…
Learn More
Radiant Ridge Energy Limited, in the spirit of reconciliation, respectfully recognizes that our operations take place on the ancestral lands governed by Treaty 7, home to the Siksika, Kainai, Piikani, Tsuut'ina, and Stoney Nakoda (Chiniki, Bearspaw, and Wesley) Nations, as well as the Métis Nation of Alberta. We honor the Indigenous peoples who have cared for and lived on these lands since time immemorial, and we pay tribute to their past, present, and future generations. This acknowledgment reflects our commitment to building respectful relationships, honoring treaty obligations, and supporting Indigenous sovereignty and self-determination.
© 2026 Radiant Ridge Energy Limited. All rights reserved.
Radiant Ridge Energy Limited, in the spirit of reconciliation, respectfully recognizes that our operations take place on the ancestral lands governed by Treaty 7, home to the Siksika, Kainai, Piikani, Tsuut'ina, and Stoney Nakoda (Chiniki, Bearspaw, and Wesley) Nations, as well as the Métis Nation of Alberta. We honor the Indigenous peoples who have cared for and lived on these lands since time immemorial, and we pay tribute to their past, present, and future generations. This acknowledgment reflects our commitment to building respectful relationships, honoring treaty obligations, and supporting Indigenous sovereignty and self-determination.
© 2026 Radiant Ridge Energy Limited. All rights reserved.
Radiant Ridge Energy Limited, in the spirit of reconciliation, respectfully recognizes that our operations take place on the ancestral lands governed by Treaty 7, home to the Siksika, Kainai, Piikani, Tsuut'ina, and Stoney Nakoda (Chiniki, Bearspaw, and Wesley) Nations, as well as the Métis Nation of Alberta. We honor the Indigenous peoples who have cared for and lived on these lands since time immemorial, and we pay tribute to their past, present, and future generations. This acknowledgment reflects our commitment to building respectful relationships, honoring treaty obligations, and supporting Indigenous sovereignty and self-determination.
© 2026 Radiant Ridge Energy Limited. All rights reserved.