Hungarian gov´t signs partnership agreement with ThyssenKrupp
On Friday, the Hungarian government signed a strategic partnership agreement with steering systems supplier ThyssenKrupp Presta Hungary.
2016.11.27 14:08
Hungarian gov’t signs strategic agreement with Chinese automotive interiors supplier Yanfeng
Chinese Yanfeng Automotive Interiors is the 71st company to have signed a strategic partnership agreement with the Hungarian government.
2016.11.16 01:00
Waberer’s posts increasing profits and revenues in first three quarters of 2016
Hungary-based international transport operator giant Waberer’s International Zrt. has posted on increasing profits and revenues in the first three quarters of 2016, the company announced this week.
2016.11.11 19:46
Japanese parts supplier Musashi to launch €4 million expansion project in Hungary
Japan-based Musashi is one of the world’s largest automotive and motorbike parts manufacturers, built manufacturing plant in Hungary in 2000 and started production a year later. In 2017, the company will launch a €4 million investment to bring the production of differential systems to Hungary.
2016.11.03 12:19
Jungheinrich Hungária Kft. voted as best workplace in Aon Hewitt survey
Aon Hewitt’s Best Workplace award was handed out on October 27. Jungheinrich Hungária Kft. was chosen as the best workplace in the category of companies with a headcount of 50–250.
2016.10.30 21:07
Alumetal inaugurates new plant in Komárom
Poland-based Alumetal group has handed over a new aluminium cast manufacturing plant, built with a €30 million investment, at Komárom Business Park. The investment has created 150 new jobs.
2016.09.09 19:49
Locally built Credo buses to replace outdated articulated fleet as part of government scheme
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
Hungary ranks 33rd on global innovation index
Hungary moved up two places from last year’s 35th on the list where a total of 141 countries were included in the ranking by the World Intellectual Property Organization (WIPO).
2016.08.19 02:02
Daimler to be involved in bus production in Hungary
ITK Holding Zrt. And EvoBus Hungária Kft. Has signed a declaration of intent on the manufacturing of buses, where the Daimler AG’s subsidiary will supply the undercarriage and ITK will design the vehicle’s superstructure.
2016.08.18 01:19
Ikarus to ramp up bus production as government initiative to promote local manufacturing takes off
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
Government establishes National Bus Procurement Committee
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
Bosch Hungary completes €22.6 million technology development project
Bosch Hungary CEO Javier González Pareja said that the company has developed new systems to enhance passenger safety and energy efficiency for automotive applications.
2016.07.14 02:34
India-based metalworking firm Sona establishes production site in Hungary
Yet another Indian automotive supplier decided to establish a production site in Hungary, and thus creating 130 jobs with a new investment.
2016.07.05 18:30
ThyssenKrupp creates 500 jobs in Jászfényszaru with €100 million investment
This week, the Germany-based supplier celebrated the ground-breaking ceremony of its new plant in Jászfényszaru.
2016.04.22 00:37
AGC celebrates 10 years of automotive glass production in Hungary
AGC Glass Hungary Kft. was established in 2004. The following year saw the construction of a factory at Tatabánya-Környe Business Park, while mass production and the first deliveries to automotive OEMs began 10 years ago, in 2006.
2016.04.13 10:44
Audi Hungaria wage agreement: everyone is a winner
At the expense of weeks of heated discussions between the management and the workers, it seems an agreement was finally reached earlier this week on this year´s wages at Győr-based Audi Hungaria.
2016.04.06 11:38
Vitara drives market-leading Suzuki sales in Hungary in Q1
Magyar Suzuki Corporation sold 2,247 cars in the first quarter and is leading Hungarian new-car registrations with a market share of 11.41 percent.
2016.04.03 01:30
Hankook sends American engineers to receive training in Hungary
Employees of Hankook Tire´s first American plant will be sent to Hungary to acquire their practical professional skills.
2016.03.30 11:41
Bosch Thermotechnology Training Lab opened in Budapest
On March 23, the Hungarian Bosch Group held the inauguration ceremony of its new thermotechnology training laboratory at the company´s Budapest location.
2016.03.25 23:41
Contintental to pay higher bonus to Hungarian staff
The Continental group will pay a bonus of more than €600 to its Hungarian staff thanks to reporting on a strong financial year in 2015.
2016.03.18 10:30
DUIHK awards Hungarian firms
German-Hungarian Chamber of Industry and Commerce (DUIHK) handed out four awards in the first week of March to acknowledge exceptional Hungarian companies and organizations.
2016.03.11 09:11
Autopro visits Eckerle´s Hungarian locations
The Eckerle Group was founded in 1968 in the province of Baden, Germany. Constantly evolving, the locksmith workshop has grown into a multinational corporation with nearly 4,000 employees.
2016.03.09 12:04
British Embassy to hold B2B meeting in Budapest
On March 9–10, the British Embassy´s Trade Development Section will welcome a business delegation of 20 British companies at a B2B meeting in the Hungarian capital.
2016.03.03 11:04
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 tyre sales see major boost in 2015
Sales increased in nearly all tyre segments in Hungary in 2015, European manufacturers closed an excellent year, according to a report published by the Hungarian Tyre Association (HTA).
2016.02.04 11:38
