Hungarian automotive industry: week 42
Last week was all about Automotive Hungary, lining up nearly all major players of the industry as exhibitors – or at least as visitors. Let´s recap what week 42 brought in Hungary´s automotive sector.
Suppliers
Effective November 1, Daniel Korioth has been appointed leader of the Hungarian Bosch Group and CEO of Robert Bosch Kft., responsible for the company’s business activities in Bosnia and Herzegovina, Croatia, Montenegro, Serbia and Slovenia.
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| Daniel Korioth, newly appointed leader of the Hungarian Bosch group |
Javier Gonzáles Pareja, his predecessor, who has led the company since December 2011, will return to Spain to continue his career in his home country.
Hungary boasts the following advantages: free access to EU markets, favourable location, developed infrastructure, qualified workforce with favourable wages and a relatively stable business environment, Masahide Honda, the CEO of JETRO Budapest told autopro.hu in an interview last week.
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| Masahide Honda, CEO of JETRO Budapest |
ThyssenKrupp will upgrade the status of its Budapest R&D unit to a global centre, Hungarian foreign minister Péter Szijjártó said last week following talks with the German industrial group’s management in Essen.
Analyses
The week behind is brought plenty of insight, analyses and proposed solutions thanks to trade expo Automotive Hungary.
Armin Krug, Automotive Industry Leader at PwC Hungary gave an interview to our site before this major automotive event. He said the Hungarian government is allocating significant funds to support electromobility, the procurement of electric vehicles and to give incentives, so there can be no doubt that the government has the intention to lure Tesla to the country.
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| Levente Magyar at Automotive Hungary |
Although Levente Magyar, state secretary of the Ministry of Foreign Affairs and Trade responsible for diplomacy, did not confirm Armin Krug’s claims at Automotive Hungary, he did not strongly refute it either.
We interviewed the state secretary about skills shortage, the government’s response and opportunities for those young people who return to Hungary after moving abroad.
At a round table meeting, Peter Kössler, the CEO of Audi Hungaria Motor Kft., talked about his concerns related to human resources in Hungary. He called our attention to the challenge of finding enough well-qualified employees, an issue that needs to be addressed.
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| Round table meeting at Automotive Hungary, presenting prominent members of the Hungarian auto industry |
In addition, infrastructure development also poses a challenge in the entire region.
More than 350,000 could become void in Hungary due to the spread of digitalisation, Mihály Varga, Minister of National Economy, said at the event.
TechTogether
BME FRT yet again won at Techtogether Automotive Hungary. The student competition has been held for the third time in the organization of autopro.hu.
