GDP

Hungarian automotive industry: week 14 2021

The Semcorp Group is building a lithium-ion battery separator plant in Debrecen, Dunakeszi-based coachbuilder to ramp up production capacities. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2021.04.11 13:52

Hungarian automotive industry: week 13 2021

Johnson Electric, a producer of electronic components for the automotive industry, announce to close down manufacturing plant in Ózd, laying off 800 employees. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2021.04.05 20:10

Hungarian automotive industry: week 38 2020

Green cars pick up momentum, pandemic poses prolonged economic setback. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2020.09.21 00:37

Hungarian automotive industry: week 36 2020

Hungarian stakeholders positive about auto industry’s prospects for second half. EU pledges to crack down on manufacturers failing to meet emission standards. Let’s recap what last week brought in Hungary’s automotive sector.

Panker Gergő | 2020.09.07 10:06

Automotive stakeholders optimistic about H2 2020 prospects in Hungary

At the last instalment of the online conference series organized by Hungarian economic news site Portfolio, several players of the Hungarian automotive industry and the minister of state on behalf of the Ministry of Innovation and Technology (ITM) pointed out tangible improvements in the sector since August.

Panker Gergő | 2020.09.05 10:29

Hungary’s GDP plummets in Q2 2020

According to seasonally and calendar effects adjusted data published by the Central Statistical Office (KSH), Hungary’s gross domestic product declined by 13.5 percent in the second quarter of 2020 compared to the same period in the previous year.

Panker Gergő | 2020.08.15 11:47

Hungarian automotive industry: week 20 2020

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.

Panker Gergő | 2020.05.18 13:02

MAJOSZ president: Hungarian suppliers await BMW factory launch

Hungarian automotive parts manufacturers are expecting further growth in the sector with the launch of the new BMW plant in Debrecen, the president of the Association of Hungarian Vehicle Component Manufacturers (MAJOSZ) said this Thursday at a conference in Gyöngyös.

Gergő Panker | 2019.05.11 13:50

Hungarian automotive industry: week 33 2018 edition

Last week we asked around how the management of local manufacturing plants help workers to tackle the heatwave. Let’s recap what the 33rd week this year brought in Hungary’s automotive industry.

Gergő Panker | 2018.08.20 10:51

Hungarian automotive industry: week 7

Last week saw important announcements from OEMs and automotive suppliers: Audi increases logistics area, Eagle Ottawa expands with HUF 9 billion and Takata to boost production to offset losses in global recall scandal.

Gergő Panker | 2015.02.15 22:58

Hungarian automotive industry: week 36

Last week saw improving industrial outputs and a better-than-expected GDP growth in Hungary. In automotive news, Suzuki´s latest model received the Hungarian Quality Product award and the 100,000th Mercedes-Benz CLA was made in Kecskemét.

Gergő Panker | 2014.09.07 15:48

Hungarian automotive industry: week 33

Last week, we visited a Szeged-based vehicle body manufacturer and we reported on another Hungarian automotive company becoming a supplier to Volkswagen. Let´s look at what happened in week 33 in Hungary´s automotive industry and economy.

Gergő Panker | 2014.08.17 20:22

Hungarian automotive industry: week ten

The tenth week this year saw the opening of the Geneva Motor Show, a growth in Hungary´s GDP, industrial output and foreign trade and Audi was chosen as the best employer in the country.

Gergő Panker | 2014.03.09 23:06

Hungarian automotive industry: week three

The third week this year saw an explosion in front of a CIB Bank building in Budapest, an agreement on the construction of the new block of the Paks nuclear power plant, an increase in the Hungarian GDP and the growth of Hungarian industrial production.

Gergő Panker | 2014.01.20 09:26

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