Hungarian automotive industry: week 26 2017 edition
While Takata filed for bankruptcy protection in Japan and the U.S., the Miskolc subsidiary is looking to hire 200 new employees. BorgWarner announced to create 600 new jobs in Oroszlány. Let’s recap what the previous week brought in Hungary’s automotive industry.
Suppliers
While airbag supplier Takata filed for bankruptcy protection in Japan and the United States, the company’s subsidiary in Miskolc will add 200 staffers to its 1,400-strong headcount.
U.S.-based BorgWarner will create 600 jobs at their three plants in Oroszlány throughout the course of three years with a HUF 15bln (€48m) investment.
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The turbocharger plant in Oroszlány has 1,100 employees, while the unit’s 2016 revenue amounted to HUF 135bln (€435m). Altogether, the BorgWarner group has 1,600 employees in Oroszlány.
Győr-based Melecs will launch a dual training programme to train electrotechnicians. In September, eight trainees will begin their traineeships at the company. If their objectives align, the trainees could be employed as electrotechnicians at Melecs after their training.
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Schäfer-Oesterle Kft., a Bonyhád-based manufacturer of automotive leather products, built a new 1,200sqm productional hall at Völgység Business Park.
Founded in 1976 in Germany and a specialist in the leather coating of automotive components, the Schäfer-Oesterle group’s products are manufactured in Germany and at the Bonyhád plant in Hungary, established in 2005. The company’s partners include Audi, BMW, Lamborghini, Porsche, Rolls-Royce and Bentley.
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Salgglas have worked their way back from bankruptcy to becoming one of the largest automotive suppliers. Gábor Kugler (pictured below) took over as CEO in 2008, at the dawn of the crisis: he left the previous pathways the company had set out for the automotive industry.
Effective on 1 July 2017, Péter Mándli will take over as CEO at BPW’s Szombathely plant to replace retiring chief-executive József Brumbauer.
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Service providers
The Next-E project, a consortium initiative by the Mol Group, E.ON Group, HEP, PETROL, BMW Group and the Hungarian subsidiary of Nissan, has received €19 million in support, the European Commission announced on its website last week.
The offer price in an IPO of shares of Hungarian haulier Wabererʼs International has been set at HUF 5,100 (€16.5) per share, the company said last week.
Education
The country is lagging behind when it comes to performance electronics trainings, a field that is crucial for the operation of electric vehicles, Dr. Dénes Fodor, head of the Faculty of Engineering at Pannon University, told our site in an interview.
With regards to the university’s TechTogether team, he said they are currently working on a solar-powered ship.
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TechTogether
Arrabona Racing Team, the Formula Student from Győr, will participate in four races this year, one of which is considered the toughest leg of the series.
The team presented their latest car last week at the campus of Széchenyi István University in front of their sponsors, tutors, friends and the media.
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Production line
GmbH have been engaged in the development and production of market-leading turning, grooving, milling and broaching tools since 1969.
Their products are widely used in the automotive, supplier, machining, aviation, aerospace and hydraulics industries, medical technology and jewellery making. Last week, we interviewed the head of the company’s Hungarian retailer.
Analyses
The average age of used cars in Hungarian households is 13.7 years.
According to a representative study released recently, 72 percent of Hungarians have cars that are more than 10 years old, and only 7 percent of used cars can be considered new, that is, with a maximum of 5 years of age.
