Rába has had a successful business year
Rába closed the year 2023 with increasing sales and decreasing profit after taxes.
2024.02.25 12:00
Rába has set a huge income record
The firm reached the highest income in the first half of the year in the past 20 years.
2023.08.24 17:17
Rába drastically increased its revenue in 2022
Nevertheless the net financial result exceeded one billion HUF losses.
2023.04.29 10:12
All Rába's business closed with a profit in 2022
Despite uncertainty in the automotive industry, Rába's strategic markets were characterized by demand activity.
2023.02.25 16:00
Hungarian automotive industry: week 46 2022
Korean Chokwang Paint inaugurates new plant in Heves County, Rába Holding Nyrt. publishes Q3 financial report, AVL opens new automotive centre near ZalaZone. Let’s recap what last week brought in Hungary’s automotive sector.
2022.11.21 10:00
Rába reports on decreasing losses in Q3
Rába Járműipari Holding Nyrt. registered HUF 15.8 billion in revenues in the third quarter this year, up by 66.4 percent from the same period in the previous year.
2022.11.19 11:11
Hungary’s largest iron foundry launches strategic development programme
Celebrating the company’s 15-year anniversary, Busch-Hungária, the operator of Hungary’s largest iron foundry, has launched a new three-year investment cycle.
2022.10.16 11:12
Hungarian automotive industry: week 34 2022
Rába profits in downward spiral, Kia dominates Hungarian EV registrations, Hungarian railway company looking to purchase hydrogen locomotives. Let’s recap what last week brought in Hungary’s automotive sector.
2022.08.29 10:23
Rába registers growing revenues, negative balance in H1 2022
In Q2 2022, Rába Járműipari Holding Nyrt. registered a 35.8 percent revenue increase at HUF 16.742 billion, while its post-tax profits shrunk by 78.3 percent to HUF 317.627 million compared to the same period in the previous year, the Győr-based vehicle manufacturer announced in a press release earlier in the week.
2022.08.28 17:47
Hungarian automotive industry: week 27 2022
South Korean battery maker Nice LMS announces new plant in Vác, Rába completes acquisition of Rekard Group, Budapest receives bus fleet refresh. Let’s recap what last week brought in Hungary’s automotive sector.
2022.07.11 09:04
Rába concludes full acquisition of Rekard Group
Rába Járműipari Holding Nyrt. has acquired the remaining 75.1 percent of shares in Rekard Hajtómű- és Gépgyártó Kft., completing the company’s full acquisition, which began in May 2019 with an initial purchase of 24.9 percent of shares.
2022.07.10 09:58
Hungarian automotive industry: week 15 2022
Audi expands vocational training to external companies, Knapp Hungary launches new production unit, Metálplaszt invests in expanding storage capacity and new equipment. Let’s recap what last week brought in Hungary’s automotive sector.
2022.04.18 12:14
Hungarian automotive industry: week 8 2022
Rába reports on decreasing Q4 profit margins, Eurostyle Systems Bonyhád posts revenue growth, Hungarian HR firm ready to support Ukrainian refugees seeking jobs and accommodation. Let’s recap what last week brought in Hungary’s automotive sector.
2022.02.28 10:01
Rába reports on plummeting profit margins in Q4 2021
In Q4 2021, Rába Járműipari Holding Nyrt. registered a post-tax profit of HUF 111.3 million, falling short of the same period in 2020 by 90.2 percent, while the company’s annual profit margin grew by 223.4 percent to HUF 1.272 billion in 2021.
2022.02.27 11:49
Hungarian automotive industry: week 6 2022
Novation Tech to launch expansion project in Békés County, Rába signs partnership agreement with local university, Schneider Electric to expand local supplier circle. Let’s recap what last week brought in Hungary’s automotive sector.
2022.02.14 10:22
Rába signs strategic partnership with Széchenyi István University of Győr
A strategic framework agreement was signed earlier this week by Rába and Széchényi István University on talent supply in the automotive sector, establishing a joint R&D programme and the joint support of innovation and education activities.
2022.02.13 12:13
Hungarian automotive industry: week 46 2021
SEG Automotive inaugurates new production site, Chervon Auto builds new plant in Miskolc, Hankook Tyre expands storage capacity in Rácalmás. Let’s recap what last week brought in Hungary’s automotive sector.
2021.11.22 09:11
Hungarian automotive industry: week 20 2021
Rába's vehicle division reports on plummeting revenues, Axiál launch project to implement automated logistics technologies, Bosch invest in adult training. Let’s recap what last week brought in Hungary’s automotive sector.
2021.05.24 14:40
Rába vehicle division’s revenues plummet in Q1 2021
Rába Járműipari Holding Nyrt.’s total revenues decreased by 4 percent to HUF 11.377 billion in the first quarter of 2021 compared to the same period in the previous year, while the company’s post-tax earnings increased by 142.6 percent to HUF 363.7 million.
2021.05.24 12:20
Hungarian automotive industry: week 7 2021
Manufacturers and suppliers disclose coronavirus-hit 2020 financial reports, suppliers announce Hungarian expansion projects. Let’s recap what last week brought in Hungary’s automotive sector.
2021.02.22 15:24
Hungarian automotive industry: week 46 2020
BMW CEO hints 2025 production launch for new Hungarian plant, Chinese company to open new manufacturing site in Hungary to produce lithium-ion battery components. Let’s recap what last week brought in Hungary’s automotive sector.
2020.11.16 15:48
Rába automotive division hit by substantial losses in 2020
The Rába Group reported on HUF 267 million in post-tax losses in Q3 2020, a marked improvement over the company’s Q2 performance, when losses exceeded HUF 1bln, and year-on-year results compared to Q3 2019, when Rába registered a HUF 429 deficit.
2020.11.15 13:09
Rába expand partnership on supply of automotive seating systems
Rába Járműalkatrész Kft. have signed a new, 5-year framework agreement with an annual value of €6.5 million with one of the largest TIER 1 suppliers of the global automotive industry responsible for complete seat systems.
2020.09.12 12:28
Hungarian automotive industry: week 33 2020
Rába Group reports on plummeting sales volumes in the first half of 2020, Hungary's GDP tanks. Let’s recap what last week brought in Hungary’s automotive sector.
2020.08.17 14:13
Rába's parts manufacturing division reports on record losses in H1 2020
The Rába Group has reported on massive, 30.5 percent drop in its consolidated turnover in the first half of the year to HUF 19.2 billion, and registered a HUF 7.4 billion loss (down 43 percent) in the second quarter compared to the same period in the previous year.
2020.08.15 11:38
