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.
Marque’s Mark: How to Build a Car Brand in a Post-Communist Country Cars, Hungary produces a lot of them. In fact, 15% of our exports are made up of cars and car... 2021.12.12.
Márki-Zay: “Merkel should have dealt more harshly with Orbán” "It is important that we send a message to the European community that Hungary really wants to be a part... 2021.11.13.
EBRD Raises Hungary 2021 GDP Growth Forecast The European Bank for Reconstruction and Development (EBRD) raised its forecast for Hungary's GDP growth this year to 7.7 percent... 2021.11.04.
FM Szijjártó: Baden-Wuerttemberg Migration Minister Thanks Hungary for Border Protection The new minister of justice and migration of Germany's Baden-Wuerttemberg province has thanked Hungary for protecting the European Union's external... 2021.10.22.
Several Companies to Make Workers Pay Back Portion of Salaries Due to Covid and Parts Shortage Shutdowns? Dozens of automotive, engineering, and electronics companies in Hungary are preparing to charge workers employed in a working time banking... 2021.10.12.
Export Growth Slows in Aug Amid Automotive Industry Shutdowns Hungary's export growth slowed further in August as shutdowns because of supply chain interruptions caused output of the automotive industry... 2021.10.08.
Industrial Output Frowth Slows to 2.6pc in Aug Industrial output in Hungary rose by an annual 2.6 percent in August, continuing to slow as the global chip shortage... 2021.10.06.
Trade Min Inaugurates ThyssenKrupp R and D Centre in Budapest Drawing research and development investment is especially important to Hungary as a means to "win the future", Péter Szijjártó, the... 2021.09.30.