Hungarian automotive industry: week 5 2019 edition
Strike ends with agreement between Audi Hungaria workers and management. Let’s recap what last week brought in Hungary’s automotive sector.
“A strike is considered force majeure, which is why it’s not affecting suppliers from a contract point of view. Business-to-business cooperation is determined by goods and order volumes. Audi has a contractual obligation on the order, and as such, the delivery is performed. We start speaking about damage when we experience a decrease in manufacturing volumes at the supplier. This is governed by market conditions, the non-utilisation of capacities,” József Nyírő, president of MAJOSZ told us in an interview.
The week-long strike at Audi Hungaria ended last week, bringing agreement between the workers’ union and management.
“By placing content in space, we offer higher transparency in the curriculum. Paired with logical organisation, this transparency makes it easier to identify cause-and-effect relationships and capturing important information, Dr. Ildikó Horváth, director of VR Learning Center at Széchenyi István University of Győr, told us in an interview.
PwC has carried out its 22nd global survey involving 1,300 CEOs, which suggests increasing negativity in the corporate world.
The Hungarian Scientific Society of Mechanical Engineers (GTE) held a half-day conference on developments in autonomous mobility. It seems we are years from autonomous hardware and software technologies to be implemented in the manufacturing process.
Mol’s Limo cars have covered 3 million kilometres since the programme’s launch in January last year. In only a year, more than 40,000 users have registered to the Budapest car sharing service.
The Hungarian Investment Promotion Agency and the Budapest Business Journal have acknowledged prominent foreign business executives living and working in Hungary for the fifth time. The directors of ABB and Apollo Tyres were among the awardees.
According to its CEO, Continental achieved its goals for the 2018 fiscal period, and every employee of the group showed an outstanding performance.
Recent employment data shows 4.5 million Hungarians in employment.
According to Duna Autó’s rankings, 2018 has been the most successful year since the crisis, with nearly 160,000 vehicles sold or resold in Hungary. This shows a 17.5 percent growth from the year before. The Vitara and Octavia models both sold well.
Hungarian-based transport firm Waberer’s has appointed a new CEO.
A new industrial park is currently under construction in Szügy, Nógrád.
The Hungarian government has purchased a 20 percent share in Ózd Steel Works from its current owner, the Germany-based Max Aicher Group.
The National Trade Union of Employees Designed for Life (ÉTMOSz) warns about possible warning strikes at a number of Hungarian suppliers: Bosch in Hatvan, Thyssenkrupp in Jászfényszaru and SEG in Miskolc.
According to university lecturer Dr. Áron Ballagi, service and assistant robots will be an everyday sight in 25 years.
