financial report

Hungarian automotive industry: week 46 2022

Korean Chokwang Paint inaugurates new plant in Heves County, Rába Holding Nyrt. publishes Q3 financial report, AVL opens new automotive centre near ZalaZone. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2022.11.21 10:00

Rába reports on decreasing losses in Q3

Rába Járműipari Holding Nyrt. registered HUF 15.8 billion in revenues in the third quarter this year, up by 66.4 percent from the same period in the previous year.

Panker Gergő | 2022.11.19 11:11

Hungarian automotive industry: week 34 2022

Rába profits in downward spiral, Kia dominates Hungarian EV registrations, Hungarian railway company looking to purchase hydrogen locomotives. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2022.08.29 10:23

Rába registers growing revenues, negative balance in H1 2022

In Q2 2022, Rába Járműipari Holding Nyrt. registered a 35.8 percent revenue increase at HUF 16.742 billion, while its post-tax profits shrunk by 78.3 percent to HUF 317.627 million compared to the same period in the previous year, the Győr-based vehicle manufacturer announced in a press release earlier in the week.

Panker Gergő | 2022.08.28 17:47

Hungarian automotive industry: week 25 2022

Audi announces HUF 120 billion investment into electric drive systems at Győr plant, Magyar Suzuki reports on revenue growth in 2021 despite challenging market conditions, government signs declaration of intent with Chinese cathode manufacturer. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2022.06.27 09:32

Hungarian automotive industry: week 21 2022

Hungarian Bosch Group pledges to continue investing in Hungary, Bosch Rexroth expands partner programme, AHAI and Ford announce changes in management. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2022.05.30 09:37

Hungarian automotive industry: week 20 2022

Mercedes-Benz to prioritize luxury models, OEMs struggle amidst shortages, automation in the spotlight. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2022.05.23 09:17

Hungarian automotive industry: week 18 2022

Audi Hungaria launches experimental 5G production network, Dunakeszi-based coach builder refutes claims of mass layoffs, Hungary's import car registrations up in first quarter. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2022.05.09 09:26

Hungarian automotive industry: week 17 2022

Hajdu Autotechnika driven by global electrification, OEM dual education programme participants excel in student competition, Magyar Suzuki confirms involvement in yet another diesel probe. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2022.05.02 10:49

Hungarian automotive industry: week 11 2022

Automotive manufacturers hit by the effects of the war in Ukraine, Sisecam announces large-scale investment in Kaposvár, new industrial park opened in Csurgó. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2022.03.21 10:14

Hungarian automotive industry: week 10 2022

Continest inaugurates new production hall in Székesfehérvár, Waberer's implements new paper-free technology, Rossi Biofuel opens biodiesel plant in Komárom. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2022.03.16 12:34

Hungarian automotive industry: week 8 2022

Rába reports on decreasing Q4 profit margins, Eurostyle Systems Bonyhád posts revenue growth, Hungarian HR firm ready to support Ukrainian refugees seeking jobs and accommodation. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2022.02.28 10:01

Rába reports on plummeting profit margins in Q4 2021

In Q4 2021, Rába Járműipari Holding Nyrt. registered a post-tax profit of HUF 111.3 million, falling short of the same period in 2020 by 90.2 percent, while the company’s annual profit margin grew by 223.4 percent to HUF 1.272 billion in 2021.

Panker Gergő | 2022.02.27 11:49

Hajdu celebrates major anniversary and successful 2021

Not only is the 70th anniversary a key highlight for the Hajdu Group, but the Hungarian company is also celebrating a successful fiscal 2021, where it registered a total revenue of nearly HUF 22 billion.

Panker Gergő | 2022.02.20 16:21

Hungarian automotive industry: week 22 2021

Hungary's first hydrogen station opened, Mercedes-Benz Kecskemét report on decreasing losses, Nemak management comes to agreement with strike committee. Let’s recap what last week brought in Hungary’s automotive sector. Clicking on the highlighted items will open the full stories.

Panker Gergő | 2021.06.07 00:13

Mercedes-Benz Kecskemét report on decreasing profits

Last year, Mercedes-Benz Manufacturing Hungary Kft. achieved an annual revenue of €3.4 billion, down from €3.6 billion recorded in the year before, while the company’s earnings before taxes amounted to €41.6 million, down from €97.8 million registered in 2019.

Panker Gergő | 2021.06.06 21:51

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