Dunakeszi Járműjavító Kft. Becomes Hungarian Property Magyar Vagon Befektetési Vagyonkezelő Zrt. has acquired TMH International AG's stake in TMH Hungary Invest Zrt., the owner of Dunakeszi... 2022.06.28.
Foreign Minister: Hungary Opposes EU’s Phase-out Deadline of Conventional Car Engines Like the economy of Europe as a whole, its car industry faces grave challenges in the coming period, the minister... 2022.06.28.
Suzuki Retains Its Leading Position in the Hungarian Car Market In 2021, Suzuki Hungary's Esztergom plant produced more than a hundred thousand vehicles. The brand managed to maintain its leading... 2022.06.23.
Survey: Highest Pay Increases for R&D Managers This Year Executive salaries in manufacturing and production will rise by more than 10 percent this year, with the biggest increase coming... 2022.06.10.
World’s Largest Battery Manufacturer May Be Coming to Hungary Several public sources have recently published information suggesting that the world's largest battery manufacturing company, the Chinese Contemporary Amperex Technology... 2022.06.03.
Foundation Stone Laid for New, State-of-the-Art BMW Plant in Debrecen The foundation stone has been laid for the BMW Group’s new plant in Debrecen, Hungary. The €1 billion investment is... 2022.06.01.
Some Automotive Companies May Offer Extraordinary Raises due to Inflation and Labor Shortage Automotive companies may raise salaries during the year due to rising inflation and labor shortage, RTL News reported. The Hungarian Metalworkers'... 2022.05.17.
Industrial Output Up 3.6% in March Industrial output in Hungary grew by an annual 3.6 percent in March, the Central Statistical Office (KSH) said in a... 2022.05.06.
Suzuki Hungary Confirms Diesel Probe The local unit of Japanese car maker Suzuki has confirmed that an investigation related to vehicles with diesel engines it... 2022.04.28.
Industrial Output Up 4.5% in February Industrial output grew by an annual 4.5 percent in February, the Central Statistical Office (KSH) said on Tuesday. Output of... 2022.04.05.
TDK’s HUF 26 Bn Investment in Szombathely to Create 250 Jobs Japanese electronic car-parts manufacturer TDK is investing 26 billion forints (EUR 70.0m) into setting up a plant manufacturing sensors to... 2022.03.28.
Replica of First Ever Coach Produced in Keszthely A predecessor to the modern car and the father of European Renaissance transportation, a reconstruction of the first ever coach... 2022.03.06.
Industrial Output Up 8.9% in January Output of Hungary's industrial sector rose by an annual 8.9 percent in January, the fastest rate since summer, the Central... 2022.03.05.
Forint Weakening Led to Drastic Price Increase on Hungarian Car Market The weakening of the Hungarian forint (HUF) has led to unprecedented price increases on the Hungarian car market, even by... 2022.02.24.
Bosch to Strengthen Electromobility R+D, Production in Hungary German engineering giant Bosch on Thursday said it will strengthen its electromobility R+D and production activities in Hungary. "Our goal... 2022.02.18.
Foreign Minister: German Car Parts Manufacturer Creates 720 jobs with HUF 50 Bn Investment German company group Rehau Automotive has invested 50 billion forints (EUR 140m) in a new polymer car parts manufacturing plant... 2022.02.16.
FM Szijjártó Visits Bridgestone’s Hungary Plant for 15 Year Anniversary Japanese tire maker Bridgestone celebrated the 15th anniversary of its local unit at the Bridgestone base in Környe, on the... 2022.02.12.
Automotive Industry Supplier Novation Tech Investing HUF 1.3 bn at Szeghalmon Base Italian automotive industry supplier Novation Tech is investing 1.3 billion forints (EUR 3.7m) at its base in Szeghalom, in south-eastern... 2022.02.10.
Industrial Output up 5.8% in December, 9.6% in 2021 Industrial output in Hungary grew by an annual 5.8 percent in December, based on adjusted data, and by 9.6 percent... 2022.02.04.
Government Concludes Strategic Agreement with Autoliv Hungary's government has concluded a strategic cooperation agreement with Autoliv, the world's largest automotive safety supplier, Péter Szijjártó, Hungary's minister... 2022.01.21.
The Most Popular Cars of 2021 in Hungary As a result of the global chip shortage, the constant delays in the delivery of components, the inflation of Hungary’s... 2022.01.05.
