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Mercedes Kecskemét tops rankings with HUF 44bln revenue growth

The net sales revenue of companies registered in Bács-Kiskun County increased by 7.3 percent in 2017 from the previous year, it was revealed at the presentation of the “TOP 100 companies in the economy of Bács-Kiskun County 2018” publication in Kecskemét.

Gergő Panker | 2018.12.06 15:49

Rába posts HUF 34bln in revenues through September

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.

Gergő Panker | 2018.11.15 22:53

Hungarian automotive industry: week 35 2018 edition

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.

Gergő Panker | 2018.09.03 14:17

Hungarian automotive industry: week 20 2018 edition

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.

Gergő Panker | 2018.05.22 09:00

Linamar invests HUF 9 billion in Hungarian activities

A HUF 8.67 billion investment by Canadian-owned Linamar Hungary Zrt. will create 200 jobs at three manufacturing locations nationwide: 119 in Orosháza, 71 in Békéscsaba and 10 in Gyöngyös.

Gergő Panker | 2018.03.01 17:20

Hungarian OEMs report on 0.5m cars manufactured in 2016

The three Hungarian OEMs, the Audi plant in Győr, the Mercedes-Benz plant in Kecskemét and the Esztergom-based Suzuki plant manufactured over 500,000 cars last year, planning to allocate additional portions of their profits to new local investments.

Gergő Panker | 2017.06.09 09:00

Hungarian automotive industry: week 22 2017 edition

Samsung hand over automotive battery plant, Bosch report on growing Hungarian revenues, Audi sign strategic agreement with Szeged University. Let´s recap what the 22nd week this year brought in Hungary´s automotive industry.

Gergő Panker | 2017.06.06 14:28

Waberer’s report on growth in 2016 business year

Compared to the same period in the previous year, Waberer’s registered a 9.5 percent revenue increase (€572.4 million) and 12.1 percent growth in their EBITDA (earnings before interest, taxation, depreciation, and ammortisation) in 2016.

Gergő Panker | 2017.05.21 21:35

Audi Hungaria report on decreasing revenues in 2016

In 2016, Audi Hungaria’s revenue decreased by 10 percent. After registering €7.906 bln in revenues in 2015, the company’s books recorded €7.136 bln last year, it was revealed at a press conference held at the Audi AG’s head offices in Ingolstadt.

Gergő Panker | 2017.03.15 18:59

Audi continue to grow in Hungary

Audi Hungaria posted growing production volumes and revenues in H1 2015: the Győr-based subsidiary manufactured more engines and cars and booked higher revenues than in the same period of the previous year.

Gergő Panker | 2015.07.30 12:59

Rába posts growing revenues in Q1

In Q1 2015, Rába Járműipari Nyrt. posted a 18 percent increase in revenues, while the company´s EBIDTA, which shows the efficiency of cash-flow generation, decreased by 2.3 percent, the company said in a consolidated flash report published on Thursday.

Panker Gergő | 2015.05.15 09:37

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