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.
Possible Changes in Hungary After German Elections Now that the results of the German federal elections are known, opinions differ as to how this will affect German-Hungarian... 2021.09.29.
Magyar Suzuki Restarts Production Japanese carmaker Suzuki is restarting production at its plant in Esztergom, northern Hungary, on Monday, after a two-week shutdown due... 2021.09.20.
Industrial Output Up 8 % in July Output of Hungary's industrial sector rose by an annual 8 percent in July, the Central Statistics Office (KSH) said in... 2021.09.07.
Hungarian Suzuki to Shut Down Production for Two Weeks The Hungarian unit of Japanese car maker Suzuki is to shut down production for two weeks at its plant in... 2021.09.01.
Daimler to Shut Down Production at Hungary Plant Next Week German car maker Daimler on Friday said it plans to shut down production at several Mercedes-Benz plants next week, including... 2021.08.27.
