OEMs and tier 1 suppliers take a leading role in fight against Covid-19. Hungarian investments announced, manufacturers lay out future plans. Let's recap what last week brought in the region's automotive industry.
2020.06.02 09:44
The 20th week in 2020 revealed that although no automotive-specific crisis-management measures are expected, several support schemed will be available for businesses to help revive the auto industry. Hungary’s minister of foreign affairs confirmed BMW’s commitment to Debrecen project.
2020.05.18 13:02
Rába Járműipari Holding Nyrt. has reported on a 19.5 percent drop in its consolidated turnover in the first three months of the year to HUF 11.8 billion, and registered a HUF 119.6 million loss (down 112.9 percent) compared to the same quarter of the previous year.
2020.05.16 17:27
Rába Járműipari Holding Nyrt. registered a 2.4 percent year-on-year revenue increase to HUF 49.798 billion, while its net earnings fell by 52.2 percent to HUF 572 million.
2020.02.22 12:30
Audi launches serial production of hybrid model in Győr. Magyar Suzuki Zrt. welcomes new communications director. Hungarian companies unlikely to play substantial role in Berlin-based Tesla plant’s supplier chain. Let´s recap what last week brought in Hungary´s automotive sector.
2019.12.10 18:51
Rába Járműipari Holding Nyrt. is expected to sell one of its Győr-based properties for over HUF 2 billion after receiving a purchase offer from a leading European multinational enterprise.
2019.12.07 17:56
Schaeffler expands in Szombathely. FCA-PSA on the verge of becoming reality. Let’s recap what last week brought in Hungary’s automotive sector.
2019.12.03 08:00
According to an agreement signed back in October, the Mór-based production site of Rába Járműalkatrész Kft., member of the Rába Group, will start the supply one of the largest multinational suppliers with rear seat frames for 50,000 pick-up cars starting in May 2020.
2019.11.30 11:13
Test runs have been successfully concluded and serial production has commenced on Rába Járműipari Holding Nyrt.’s brand-new front axle shaft production line.
2019.11.23 14:22
National Instruments inaugurates HUF 5.5 billion investment in Debrecen. Daimler hints on cost reduction scheme to involve layoff of Mercedes-Benz employees. Let’s recap what last week brought in Hungary’s automotive sector.
2019.11.19 15:45
The Rába Group has reported on a group-level loss of more than HUF 429 million in the third quarter of 2019, a significant drop from the HUF 7 million recorded last year.
2019.11.16 12:59
News broke about BMW and Mercedes breaking from the original plans of their respective development projects in Debrecen and Kecskemét. Last week brought clarification about the manufacturer’s intentions. Let’s recap what last week brought in Hungary’s automotive sector.
2019.05.20 15:22
Rába Járműipari Holding Nyrt. has disclosed the company’s Q1 results. Their performance was driven by the automotive division.
2019.05.16 18:31
A new facility will be built in Kisvárda to be engaged in aircraft engine maintenance, while Hévíz will be home to a pilot training centre. Is there a new successful Hungarian industry on the horizon? Let’s recap what last week brought in Hungary’s automotive sector.
2019.05.06 12:20
The Rába-Heros Aquadux X 4000 fire engines feature Rába-made running gears, springs and brake systems.
2019.05.02 22:24
The new BMW plant in Debrecen could face delays, while local companies prepare for fierce competition for employees. Let´s recap what the previous week brought in Hungary´s automotive sector.
2019.03.25 21:51
The management of Rába Járműipari Holding Nyrt. proposes a payment of HUF 17.80 in dividends for its shares with HUF 1,000 nominal value for fiscal 2018, a decrease from last year’s HUF 23.00.
2019.03.23 11:17
Engine production, facility management, collaborative robots. Let´s recap what last week brought in Hungary’s automotive industry.
2018.11.19 15:25
Rába Járműipari Holding Nyrt. reported on a 12.5 percent increase in the first nine months in 2018 and a 11 percent growth in Q3 2018 in its consolidated sales compared to last year, the company said in a flash report published on the website of the Hungarian Stock Exchange.
2018.11.15 22:53
New Audi model enters production, Rába reports on growing revenues, BMW to boost house prices in Debrecen. Read our recap of what last week brought in Hungary’s automotive sector.
2018.09.03 14:17
In the first half of 2018, the Rába Group registered HUF 639.2 million in profits after taxes and HUF 24.477 billion in revenues.
2018.08.29 15:48
Lear to lay off over 500 employees at its Gyöngyös and Gödöllő plants. Audi Hungaria launches serial production of new power unit, Mercedes reports on healthy revenues and Rába boasts soaring financial results. Let’s recap what last week brought in Hungary’s automotive sector.
2018.05.22 09:00
Audi Hungaria to launch serial production of electric motors in 2018, Kravtex-Kühne Group presents purpose-built mobile clinic for gynaecological and dental screenings. Let’s recap what week 46 brought in Hungary’s automotive sector.
2017.11.20 12:18
Mercedes, Lear join companies and organisations pushing for the withdrawal of the latest Labour Code proposal. Global suppliers such as Bridgestone, AGC, SCS report on expanding Hungarian activities. Let’s recap what the sixteenth week this year brought in Hungary’s automotive sector.
2017.04.24 18:03
Traditionally a supplier of construction companies, Rába have now entered an entirely new segment. The company will be delivering welded vehicle parts for the Austrian subsidiary of Rheinmetall MAN Military Vehicles (RMMV) to create purpose-built trucks.
2017.04.21 11:46
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