Hungary reports on GDP growth in spite of overall slowdown in Europe
Hungary´s domestic GDP growth in Q4 2015 surpassed expectations, exceeding the EU28 average.
2016.02.13 01:03
Hungarian automotive industry: week 2
Opel celebrates 25 years of production in Szentgotthárd, Audi reports on record results in 2015, Hungarian professor recognized for outstanding achievement in the field of vibration research.
2016.01.18 00:23
Szekszárd-based suppliers report on successful 2015
An employer of nearly 3,000, Szekszárd´s automotive sector saw a stable performance in 2015, with automotive suppliers reporting on maintaining or increasing their revenues by the end of the year.
2016.01.17 20:41
Hungary´s GDP growth continues to be driven by auto industry
Hungary´s gross domestic product (GDP) was up by 2.3% in Q3 2015 compared to the corresponding period in the previous year.
2015.11.13 12:49
Continental set to create 681 new jobs in Hungary
International automotive supplier Continental is about to create 681 new jobs in Hungary as part of a HUF 5.1 billion investment.
2015.11.10 23:28
Mercedes Kecskemét appoints new CEO
Effective 1 January 2016, the new CEO of Mercedes-Benz Manufacturing Kft. will be Christian Wolff.
2015.10.30 15:19
Automotive Hungary 2015 under way
Automotive Hungary, the country´s largest automotive trade fair featuring the most important players in automotive manufacturing, supply and education, is held between 28–30 October at Hungexpo, Budapest.
2015.10.30 14:59
Graboplast develops underbody protection for Hungary-based OEMs
Graboplast has developed an underbody protection solution for automotive applications and is seeking to partner up with automotive OEMs.
2015.10.30 14:50
SMR Hungary and Hungarian gov´t sign partnership agreement
The Hungarian government has signed a strategic partnership agreement with the Hungarian subsidiary of SMR Group, the world´s largest manufacturer of rearview mirrors for automotive applications.
2015.10.28 21:40
Hungarian automotive industry: week 42
Hungary´s bus industry is showing signs of revival, a new Hungarian-built military vehicle has been unveiled and it has been announced that the CEO of Opel Szentgotthárd is leaving the plant to oversee the car maker´s Vienna-based operation.
2015.10.19 00:22
Hödlmayr Hungária Logistics celebrates 25 years of presence in Hungary
In the last 25 years, Hödlmayr Hungária Logistics Kft. has invested over HUF 18 billion in Hungary, booked a total turnover of HUF 172 billion and handled over 3.1 billion vehicles.
2015.10.14 19:20
Major automotive B2B meeting held in Kecskemét
On September 22, engineering consultancy QFD Mérnöki Tanácsadó Iroda Kft. held the 4th Automotive Supplier Conference in Kecskemét.
2015.10.01 16:22
Former Knorr-Bremse chief-executive to join Hungarian government
The Minister of National Economy has recommended appointing István Lepsényi secretary of state for economic regulation.
2015.10.01 12:47
Hungarian automotive industry: week 38
Rába strengthens its presence in bus manufacturing and an increasing number of automotive businesses have indicated their willingness to employ refugees. The CEO of the Hungarian Audi plant says goodbye, Mercedes drives Hungary´s economy.
2015.09.20 22:10
Palkovics: industry-oriented higher education not a dream any more
Strategies, dual educational programme, emigration, assembly versus R&D, structural reforms - read our interview with Secretary of State László Palkovics.
2015.09.16 10:07
Ferzol invests HUF 0.5 bln in new production hall
The company manufactures products for the automotive, telecommunications and cooling/heating industries and its most important export markets include Brazil, the U.S. and several Asian countries.
2015.09.16 10:00
Billions to be invested in Hungary´s auto industry
Hungary´s economy is about to receive a significant influx of automotive investments, totalling millions of euros and creating nearly 1,500 jobs.
2015.09.09 21:20
Automotive investments create 6,700 new jobs in Hungary in 2014-2015 period
The 20 largest automotive investments announced or carried out in the 2014-2015 period amounted to HUF 584 billion (EUR 1.9 billion), said Óbuda Group in a press release.
2015.03.31 19:07
Audi Hungaria ranks 16th on Deloitte Top 500 list
This year, 63 Hungarian firms are included in the Deloitte Top 500 ranking with a total consolidated income of EUR 91 billion. The Top 3 firms are still Poland-based Orlen, Hungary-based Mol and Czech Skoda Auto.
2014.09.04 09:58
Knorr Bremse CEO: "Our suppliers compete in the global market"
At this year´s Industry Days event, Attila Bíró, the CEO of Knorr-Bremse Fékrendszerek Kft., held a presentation on supplier opportunities in connection with development projects planned for the next term.
2014.08.01 10:50
KSH: Hungary´s export driven by auto industry
In Q1 2014, the volume of exports in EUR terms increased by 5.1 percent, while the volume of imports grew by 3.9 percent compared to the same period the year before, reported the Central Statistical Office on Monday.
2014.06.02 15:54
Hungary´s gov´t to create innovation hubs for auto industry
The Government will do everything in its power to help Hungary turn into not only a production but an innovation centre, Minister for National Economy Mihály Varga said on Tuesday at the general assembly of the Hungarian Association for Innovation in Budapest.
2014.05.21 11:40
Hungarian automotive industry: week 17
Last week the saw a week a forint, a bus festival and exhibition was held, the National Bank of Hungary came up with another unorthodox solution, fuel prices went up, unemployment rate went down and automotive investments continued.
2014.04.26 00:40
Hungarian automotive industry: week 16
Week 16 in 2014 was fruitful period in Hungary´s economy and industry. Domestic bus manufacture was in the spotlight last week, but we also paid a visit to ZF Hungária´s Eger site and had an insight into EV development in Hungary.
2014.04.20 00:30
Hungary´s industry driven by automotive sector
The volume of Hungary’s industrial production grew by 1.6% month on month in February, according to data adjusted seasonally and for working days. In annual terms IP increased by 8.1%, the Central Statistical Office (KSH) reported on Tuesday.
2014.04.08 20:55
