KEY FACTS Rheinmetall opens new Lynx IFV factory in Hungary on 18 August * Cutting-edge production facility for armoured fighting vehicles * 350 new jobs planned * Rheinmetall plays an important part in Hungary's 'Zrinyi 2026' initiative * Europe's most advanced plant for armoured vehicles Rheinmetall officially opened its new factory in Zalaegerszeg on 18 August 2023. The new plant marks a major milestone for Rheinmetall and underscores the Group's commitment to Hungary. In future, this cutting-edge facility will produce the Lynx infantry fighting vehicle, the world's most advanced IFV. 'The opening of Rheinmetall's new factory in Zalaegerszeg is a significant step for our company and a sign of our close ties with the government and armed forces of Hungary, an EU partner and fellow NATO member state', declared Armin Papperger, chairman of the executive board of Rheinmetall AG.