Three Japanese automotive suppliers to bring new investments in Hungary with government support, Audi Hungaria reports on successful year, Hungary's used car market continues to be dominated by German brands. Let’s recap what last week brought in Hungary’s automotive sector.
2021.01.17 23:42
Three Japanese automotive companies will invest a total of HUF 6.5 billion in Hungary, supported with HUF 2 billion in government subsidies, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, announced earlier this week.
2021.01.17 13:19
Volkswagen resumes production in China, while Toyota prepares for outages in Japan. Fiat not yet forced to halt production despite major surge in coronavirus cases in Italy. Lotte Aluminium Kft. announces project to build anode foil plant in Tatabánya.
2020.03.02 08:00
“170 Japanese companies provide employment for 35,000 Hungarians, which is one of the reasons why it is important to maintain the dynamics of the development of Hungarian-Japanese relations,” Minister of Foreign Affairs and Trade Péter Szijjártó said on Thursday in Tokyo.
2019.12.07 18:08
Levente Magyar, minister of state of the Ministry of Foreign Affairs and Trade, had talks in Japan with representatives of Japanese suppliers looking to carry out large-scale investments in Hungary.
2019.05.16 18:23
Japan-based Zoltek will create 347 jobs in Nyergesújfalu with a HUF 30.8 billion investment. The company will install 8 new production lines and increase annual carbon fibre manufacturing capacities from 10,000 to 15,000 tons.
2018.04.11 22:17
Japan-based GS Yuasa will build its first European plant at Miskolc South Business Park, celebrating the new unit’s groundbreaking ceremony earlier this week. The plant is expected to begin operation in 2019.
2018.03.28 22:58
Another significant Asia-based lithium-ion battery manufacturer has chosen Hungary as the location for its latest investment: GS Yuasa has announced to build its first European production site in Miskolc.
2018.01.11 19:19
February 10 saw the end of a prolonged negotiation on workers’ wages between the management and employees of Audi Hungaria. Let’s recap what the sixth week of the year brought in Hungary’s automotive sector.
2017.02.13 17:20
Japan-based Musashi is one of the world’s largest automotive and motorbike parts manufacturers, built manufacturing plant in Hungary in 2000 and started production a year later. In 2017, the company will launch a €4 million investment to bring the production of differential systems to Hungary.
2016.11.03 12:19
Japanese-owned spring manufacturer NHK Spring has handed over its first European production site at Tata Business Park. By 2020, the plant is set to manufacture 3.5 million shock absorber springs and 1.2 million stabiliser bars annually.
2016.09.20 19:23
Rába has strengthened its supplier position in the Japanese commercial vehicle market by signing a five-year agreement with Sojitz Corporation to continue to supply axle modules and main axle components for the Japanese OEM market.
2016.07.09 01:48
Last week saw even more drama in the bus industry with industry players pointing the finger at one another but also investments and successes in the Hungarian auto sector. Let’s recap what week 26 brought in Hungary’s automotive industry.
2016.07.04 00:00
According to Japanese traditions, a celebration was held when Yamazaki Mazak erected the first pillar of its new Hungarian Technology Center in Sóskút.
2015.05.16 10:05
The Dutch subsidiary of Japan-based NHK Spring is planning to launch a new plant in Hungary in December 2015.
2015.03.10 16:31
The Hungarian government signed a strategic cooperation agreement with Japanese automotive safety systems manufacturer Takata yesterday in Budapest, Hungary.
2014.09.17 10:41
The Hungarian Investment and Trade Agency (HITA) held an economic forum entitled "Market opportunities and business relations in India, Turkey and Japan". The event was supported by the Győr-Moson-Sopron Country Chamber of Commerce and Industry.
2014.04.16 14:18
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