Audi report on decreasing revenues, Hungarian government in talks with new Opel owner to secure further growth at Hungarian plant. Let’s recap what the 11th week of the year brought in Hungary’s automotive sector.
2017.03.20 13:21
RUAG, one of the one hundred most significant businesses in the global armaments industry, are preparing their manufacturing plant in Eger for the production of fuselage parts for the Airbus 320 and Bombardier airliners.
2017.03.02 23:26
February 10 saw the end of a prolonged negotiation on workers’ wages between the management and employees of Audi Hungaria. Let’s recap what the sixth week of the year brought in Hungary’s automotive sector.
2017.02.13 17:20
The Hungarian government and Knorr-Bremse has signed a partnership agreement to promote the development of local small and medium-sized businesses.
2017.02.10 01:07
Still no agreement between the Audi Hungaria management and trade union, although the two sides are getting closer. Tatabánya-based Bridgestone readies for substantial wage increase, Mercedes prepares for gigantic investment project.
2017.02.06 14:30
Jászberény-based Jász-Plasztik Kft. has announced a a HUF 2.85 billion (€9.2 million) capacity expansion development project, to be supported with a HUF 1.42 billion (€4.58 million) non-refundable government aid.
2017.01.25 23:20
Through the Hungarian Government’s Large Enterprise Investment Support Programme, Rába will use additional funds to finance development, the company reported on its website earlier this week.
2017.01.17 20:06
Wages continued to be the hot topic last week as well: wage agreement concluded at Mercedes-Benz Manufacturing Hungary and wage increase proposed by the management of Audi Hungaria, although still below the trade union’s expectations. Let’s recap what week 50 brought in Hungary’s automotive sector.
2016.12.19 11:54
Eight successful higher education-industry consortia will have an opportunity to receive support for their research and development projects from European Union and government funds, the Hungarian Research, Development and Innovation Office (NKFIH), announced earlier this week.
2016.12.18 16:09
Micro, small and medium-sized enterprises (SMEs) can yet again bid for government support for their production capacity expansion and equipment development investments thanks to newly allocated budget of HUF 39 billion (€128.8 million) within the scopes of the Economy Development and Innovation Operational Programme (GINOP).
2016.12.04 21:27
On Friday, the Hungarian government signed a strategic partnership agreement with steering systems supplier ThyssenKrupp Presta Hungary.
2016.11.27 14:08
Chinese Yanfeng Automotive Interiors is the 71st company to have signed a strategic partnership agreement with the Hungarian government.
2016.11.16 01:00
The Hungarian government is investing HUF 27.5 billion (approximately €87 million) in the development of business parks on a total area of 84 hectares through the National Industrial Park Development and Operation Zrt. (NIPFÜ).
2016.10.13 12:50
Hungarian government set to introduce EV incentive, NHK opens new plant in Tata, dual training on the rise. Let´s recap what week 38 brought in Hungary´s automotive sector.
2016.09.26 12:29
The local government of Kaposvár will install seven new EV charging stations in the town next year with a HUF 30 million (approx. €100,000) investment.
2016.09.25 11:05
The Hungarian government is set to subsidize electric vehicle (EV) purchases with a total allocated budged of HUF 2 billion (€6.5 million) in 2016, economy minister Mihály Varga said on Wednesday at a conference.
2016.09.21 21:36
Japanese-owned spring manufacturer NHK Spring has handed over its first European production site at Tata Business Park. By 2020, the plant is set to manufacture 3.5 million shock absorber springs and 1.2 million stabiliser bars annually.
2016.09.20 19:23
This week, Hungarian economy minister Mihály Varga symbolically handed over a HUF 88 million (€0.3 million) non-refundable state aid to the Zalaegerszeg unit of Ganz Holding, part of a total allocation of €50 million to support large businesses in 2016.
2016.09.18 11:36
Daimler will spend €1 billion on a new Mercedes plant in Kecskemét, a project that will create 2,500 jobs in the country.
2016.09.08 22:37
Kirchhoff hands over new warehouse, Knorr-Bresme establishes new brand for aftermarket products, new local orders keep Hungary’s bus manufacturing busy. Let’s recap what week 34 brought in Hungary’s automotive industry.
2016.08.29 11:23
The week of Hungary’s most important national holiday was spent by many on vacation, yet the automotive industry kept rolling. Let´s recap what week 33 brought in Hungary´s auto sector.
2016.08.22 13:00
The 13-metre long, extended buses manufactured by the Kravtex-Kühne group will be made in line with the Hungarian government’s National Bus Manufacturing Strategy.
2016.08.21 00:54
In line with the government’s bus production strategy, Ikarus has announced to expand its production capacity to 3,000 vehicles annually.
2016.08.02 11:37
Hungary´s gov´t expects positive turn after Brexit, Audi Hungaria keeps developing, sheet metal manufacturer expands in Téglás. Let’s recap what week 29 brought in Hungary’s automotive sector.
2016.07.24 23:30
The Hungarian government has established a National Bus Procurement Committee, which is expected to promote the preparation of bus procurements in line with industrial policy objectives by working closely with regional public transport centres and the state-owned regional bus company Volánbusz.
2016.07.15 12:07
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